Privacy Policy
Effective Date: [18/01/2024]
Pranam Services (“we,” “our,” or “us”) is committed to protecting your privacy. This Privacy Policy outlines how we collect, use, disclose, and safeguard your personal information when you use our services, including insurance, credit card, and loan services. By using our website, contacting us, or engaging in any services we offer, you agree to the collection and use of information in accordance with this policy.
1. Information We Collect
We may collect personal information from you in the course of providing our services. The types of information we collect include:
- Personal Identification Information: Name, address, phone number, email address, date of birth, Social Security Number (SSN), and other similar information.
- Financial Information: Bank account details, income information, credit history, credit scores, loan application details, and related financial data.
- Insurance-related Information: Details about your insurance policies, claims, and related documentation.
- Usage Data: Information on how you access and interact with our website, mobile applications, or other online services, such as IP addresses, browser types, and browsing patterns.
2. How We Use Your Information
We use the information we collect for the following purposes:
- To provide, manage, and improve our insurance, credit card, and loan services.
- To evaluate and process applications for insurance, credit cards, loans, and other financial products.
- To communicate with you, including sending updates, reminders, or offers related to your policies or financial services.
- To comply with legal and regulatory requirements, including those related to financial institutions and insurance companies.
- To protect against fraud, risk, or security threats.
- To personalize and improve the services we offer you based on your preferences and interests.
3. Sharing Your Information
We may share your personal information with the following parties, when necessary, for the purposes outlined above:
- Third-party Service Providers: We may share your data with third parties who assist us in providing our services (e.g., insurers, credit card companies, lenders, and other partners).
- Legal and Regulatory Authorities: We may disclose your information to comply with legal obligations, regulatory requirements, or to respond to subpoenas, court orders, or other legal processes.
- Affiliates and Partners: We may share information with our affiliated businesses or partners to provide you with additional financial products or services that may be of interest.
- Business Transfers: In the event of a merger, acquisition, or asset sale, your personal information may be transferred as part of the transaction.
We will not sell, rent, or otherwise share your personal information with third parties for marketing purposes without your explicit consent.
4. Data Security
We take the protection of your personal information seriously. We employ industry-standard security measures to protect your data from unauthorized access, alteration, disclosure, or destruction. These measures include encryption, secure data storage, and access controls.
However, no method of transmission over the internet or electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.
5. Data Retention
We retain your personal information for as long as necessary to fulfill the purposes for which it was collected, including legal, accounting, and reporting requirements. After this period, your data will be securely deleted or anonymized.
6. Your Rights and Choices
Depending on your jurisdiction, you may have the following rights regarding your personal information:
- Access: You have the right to request access to the personal information we hold about you.
- Correction: You can request that we correct any inaccuracies in your personal information.
- Deletion: You may request that we delete your personal information, subject to certain legal restrictions.
- Opt-out of Communications: You may opt out of receiving promotional communications from us by following the unsubscribe instructions in our emails or contacting us directly.
To exercise any of these rights, please contact us using the information provided below.
7. Cookies and Tracking Technologies
We may use cookies and similar tracking technologies to enhance your experience on our website. These technologies help us analyze trends, administer the site, track users’ movements around the site, and gather demographic information.
You can control cookies through your browser settings, but disabling cookies may limit some functionality on our website.
8. Children’s Privacy
Our services are not intended for individuals under the age of 18. We do not knowingly collect or solicit personal information from children under 18. If we learn that we have inadvertently collected information from a child under 18, we will take steps to delete such information.
9. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. Any changes will be posted on this page with an updated effective date. We encourage you to review this policy periodically to stay informed about how we are protecting your personal information.
10. Contact Us
If you have any questions about this Privacy Policy or our practices, please contact us at:
Pranam Services
By using our services, you acknowledge that you have read and understood this Privacy Policy.