Privacy Policy

Privacy Notice and Notice of Information Practices

Lifesettlements.com is a New Advantage website. At New Advantage, protecting your privacy is one of our highest priorities. We are committed to preserving the security of consumer information and the following Notice describes our privacy and security policies and practices. Please note that this Notice does not apply to your relationship with other financial services providers such as insurance companies, annuity providers, agents, brokers and life settlement brokers or providers that are not affiliated with New Advantage or New Advantage affiliates (collectively, “New Advantage”). Their privacy policies and information practices govern how they collect, use and disclose information about you.

What Kind of Information Do We Collect?

In the course of evaluating and qualifying life insurance policies we may collect the following personal information:

Information that we receive directly from you, your insurance or life settlement representative, your doctors or others. This information may include your name, address, telephone number, health and medical information and information related to your insurance policies;
Information about your transactions with your insurance company and/or New Advantage, such as payment history, underwriting and claim information;
Information about your transactions with non-affiliated third parties;
Information that we receive from consumer reporting agencies.

What Do We Do With the Information We Collect?

The information we collect is used for the purpose of evaluating and qualifying life insurance policies. We may disclose information about you to our affiliates and to non-affiliated brokers, providers or other third parties in the course of evaluating and qualifying the respective life insurance policies, or as required or permitted by law.

Who Has Access To Your Information In Our Records?

We use a system of rigorous safeguards to protect against unauthorized access to your nonpublic personal information contained in our records. These protections include appropriate physical, electronic and procedural practices. Access to your information is restricted to only those individuals who we believe reasonably need to know the information to evaluate or qualify life insurance policies. We educate our employees about the terms of this Notice and the essential nature of confidentiality and consumer privacy.

Changes to This Notice.

We reserve the right to modify or supplement our privacy policy at any time in accordance with applicable law. If we make material changes to our privacy policy, we will provide you with a copy of a revised Notice by placing a prominent notice on our website.