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We Only Collect Information We Need To Place and Service Your Insurance and Investment Plans
Upon receiving your information Bayside Associates Corporate Life Insurance Restructuring Services Ltd. (Bayside Associates) will establish and maintain a file containing your personal information, which will be accessible at our Calgary office. Your file will only be accessible to employees and authorized representatives of Bayside Associates responsible for servicing your file and other persons authorized by you or by law. Bayside Associates its outside suppliers and other third parties to whom we disclose information under this policy may perform activities outside of Canada. Your information may be securely stored, used or accessed in other countries and may be subject to the laws of those countries. For example, information may be disclosed in response to demands or requests from government authorities, courts, or law enforcement in these countries.
Bayside Associates collects uses and may disclose your personal information about; you, your life insurance/investment policies and/or corporate owned life insurance/investment policies; to your current life insurance/investment company, any other person(s) authorized by you and/or any other insurance/investment companies in order that we may prepare a report on your existing life insurance/investment policy. If necessary we will assist the life insurance/investment companies in the collecting of information as it pertains to the medical and financial underwriting of any life insurance or financial related product. This would include supplemental forms, questionnaires and other information of this nature.
Any information that is collected may be maintained so that it can be used in the ongoing service and maintenance of your file with us; any information not maintained in your file will be destroyed. From time to time Bayside Associates may use information contained in your file to service your products and we may contact you using your personal information contained in your file.
If applicable, in cases of new applications, revised medical ratings and/or insurance/business/personal analysis we may collect or assist the life insurance/investment company and/or others authorized by you in collecting notices, letters and forms from some or all of the following sources:
- Physicians and other medical facilities (Hospitals, clinics, other health care provides etc…)
- Other Insurers and Reinsurers
- Credit reporting, consumer and investigation agencies
- Life insurance/investment company representatives, employees,
- Agents and/or Advisors
- Third Party Agencies employed by the life insurance/investment companies
- Your personal advisors such as accountants, lawyers, bankers and/or others
Any information that is collected may be maintained so that it can be used in the ongoing service and maintenance of your file with us, which may include but is not limited to existing policies, new policies, forms, financial documents and/or questionnaires. From time to time Bayside Associates may use information contained in you file to determine which products or services may meet your current or future needs by using your collected personal information.
In addition we will share information when necessary with your beneficiaries in relation to an insurance/investment claim or benefit.
Bayside Associates may review and amend this Privacy Policy without notice. Please review the Privacy Policy periodically to ensure that you are aware of our current information management practices. If you continue to provide personal information after we have changed our Privacy Policy, we will assume that you have accepted these changes.
Subject to exceptions set out in applicable legislation, you may access your file and request corrections to your personal information by sending a written request to: Privacy Officer, Bayside Associates Corporate Life Insurance Restructuring Services Ltd. 102, 90 Freeport Blvd NE, Calgary, AB T3J 5J9. Your personal information will be collected, used disclosed, shared and treated as described herein, or otherwise described at or before the time of collection, use or disclosure, or otherwise permitted by law.
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