Privacy Policy for PAA Financial Services Last Updated: October 31, 2024
At PAA Financial Services, we value the trust you place in us and are committed to protecting the privacy and security of your personal information. This Privacy Policy outlines how we collect, use, disclose, and safeguard the information you provide to us in connection with the life insurance, annuity, and financial protection services we offer.
No mobile information will be shared with third parties/affiliates for marketing/promotional purposes. Information sharing to subcontractors in support services, such as customer service is permitted. All other use case categories exclude text messaging originator opt-in data and consent; this information will not be shared with any third parties.
1. Information We Collect
To provide you with the highest quality of service, we may collect the following types of personal information:
Personal Identification Information:Such as your name, address, phone number, email address, Social Security number, and date of birth.Financial Information:Including income, assets, liabilities, and other financial details necessary to assess and recommend suitable insurance and annuity products.Medical and Health Information:Relevant medical history and records, as required by insurers to underwrite and provide certain life insurance and annuity products.Beneficiary Information:Including names, contact details, and relationship details for any beneficiaries.
PAA Financial Services uses your personal information for various purposes, including:
To assess your insurance and financial needs and recommend suitable life insurance and annuity products.To fulfill legal and regulatory requirements as mandated by insurance and financial authorities. To create, administer, and maintain your policy(ies) with us.To communicate with you about your policy status, changes, and related services. To improve our services and enhance client relationships through personalized financial guidance.
PAA Financial Services may share your information under the following circumstances:
With Insurance Partners:We may share relevant information with life insurance companies and annuity providers to secure and service your policy.With Authorized Third Parties:Such as agents, financial planners, and service providers who assist us in delivering our services.For Legal and Regulatory Compliance:We may disclose your information as required by law, including to comply with subpoenas, court orders, or other legal processes.With Your Consent:In cases where additional information sharing is beneficial or necessary, we will obtain your explicit consent.
We do not sell or rent your personal information to third parties for marketing purposes.
We take the security of your personal information seriously. PAA Financial Services uses industry-standard security measures to protect against unauthorized access, disclosure, alteration, or destruction of your personal information. Our safeguards include:
Secure storage and restricted access to personal information.Regular updates to our security practices to ensure ongoing protection. Training and policies for employees and authorized agents to ensure compliance with data protection protocols.
We retain your personal information only as long as necessary to fulfill the purposes outlined in this Privacy Policy, comply with applicable laws, or meet our record-keeping obligations. Once information is no longer needed, we securely dispose of it.
Depending on your location and applicable laws, you may have certain rights over your personal information, including:
Access and Correction:You may request access to or correction of the information we hold about you. Data Portability:You may request a copy of your information in a portable format.Withdraw Consent:Where processing is based on your consent, you may withdraw it at any time. Data Deletion:You may request deletion of your information, subject to legal or contractual limitations.
To exercise these rights, please contact us at the information provided below.
We may update this Privacy Policy periodically to reflect changes in our practices or relevant laws. We will notify you of any material changes through our website or direct communication.
If you have any questions, concerns, or wish to exercise your rights regarding your personal information, please contact us at:
PAA Financial Services
4110 Bluebonnet Dr.
Stafford, Texas 77497
Phone: (832) 224-6175
Email: