PRIVACY POLICY
Effective Date:
6/6/2025
Last Updated:
6/6/2025
1. Overview
www.lifesettlementplan.com (“Company,” “we,” “us,” or “our”) respects your privacy and is committed to protecting your personal and protected health information (“PHI”). This Privacy Policy explains how we collect, use, disclose, and protect your information, including health and medical information, in accordance with the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”).
By using our website
www.lifesettlementplan.com
(the “Site”) or our services, you agree to the practices described in this policy.
2. Information We Collect
In the course of evaluating or processing life settlement transactions, we may collect:
a. Personal Information
Full name
Contact information (address, email, phone)
Date of birth
Social Security number
b. Protected Health Information (PHI)
Medical history
Diagnoses
Treatments
Medications
Healthcare provider information
Copies of medical records
c. Insurance and Financial Information
Life insurance policy details
Beneficiary designations
Policy value
and premiums Financial status (when applicable)
d. Technical Data (for website functionality)
IP address Device/browser type Cookie data and usage analytics
3. How We Use Your Information
We may use your information, including PHI, to:
Evaluate your eligibility for a life settlement, obtain and verify medical records from providers (with your authorization).
Submit your case to licensed life settlement providers or brokers.
Communicate with you regarding your case. Comply with legal, regulatory, and compliance obligations.
4. HIPAA Authorization & Consent
We will only collect and use your PHI
with your explicit written authorization
, in accordance with HIPAA. This includes your permission to contact your healthcare providers to request your medical records or to share your PHI with authorized third parties involved in the life settlement process.
You may revoke your authorization at any time by providing written notice, except to the extent we have already relied on it.
5. How We Share Your Information
We may disclose your PHI and personal information to:
Licensed Life Settlement Providers & Brokers: For valuation and transaction purposes. Medical Underwriters & Consultants: To assess life expectancy and policy value. Business Associates: Third parties who help us operate securely and in compliance with HIPAA or Regulatory Authorities: As required by law (e.g., subpoenas, audits).
All third parties who receive PHI are required by law or contract to safeguard it under HIPAA or equivalent standards.
6. Safeguards and Data Security
We implement appropriate administrative, technical, and physical safeguards to protect your information from unauthorized access, use, or disclosure, including:
Encrypted data storage and transmission Access controls and user authentication. Secure file transfer protocols (e.g., SFTP)HIPAA-compliant cloud storage and platforms
7. Your Rights Under HIPAA
As a consumer, you have the right to:
Access your PHI: Request a copy of the health information we maintain. Amend your PHI: Request corrections to incomplete or inaccurate information. Limit Disclosures: Request restrictions on certain uses or disclosures. Accounting of Disclosures: Receive a record of where your PHI has been shared. Revoke Authorization: Withdraw permission to use or share your PHI, in writing.
To exercise these rights, please contact us at
or call us at 407-676-4433.
8. Data Retention
We retain PHI and other personal data only for as long as necessary to fulfill the purposes outlined in this policy and to comply with legal obligations.
