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Exam term

Opt-out

The consumer's right, after notice and a reasonable chance, to stop an insurer sharing nonpublic personal financial information with a nonaffiliated third party. Exceptions cover processing a transaction, service providers, fraud prevention and legal compliance.

Lessons that use this term

  • New York consumer privacy (Reg 169) and DFS cybersecurity requirements (23 NYCRR 500) New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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