Title V of Gramm-Leach-Bliley Act (GLBA) generally prohibits any financial institution, directly or through its affiliates, from sharing nonpublic personal information about you with a nonaffiliated third party.
Beacon Title & Escrow, LTD (from time to time referred to as “Firm”) values its customers and is committed to protecting the privacy of personal information in compliance with GLBA. We are committed to ensuring the continued protection of your nonpublic personal information and inform you about the measures we take to safeguard that information.
Informing our Customers
Through the normal course of business and to provide the necessary services to our customers, we may obtain nonpublic personal information directly from our customers, from customer related transactions, or from third parties such as lenders, appraisers or similar entities.
In compliance with the GLBA, the Firm does not share nonpublic personal information about our customers to any third party without express consent, except as permitted or required by law. We may disclose the nonpublic information we collect, as described above, to persons or companies that perform services on our behalf, as needed to complete and issue the title insurance policy.
The Firm restricts access to all nonpublic personal information to those employees who have a need to know in order to perform their job functions. These employees include, but are not limited to, those in departments such as legal, escrow, title policy preparation, closers and their assistants and accounting.
The privacy of your information is important to us. The Firm continuously strives to maintain the confidentiality and integrity of the personal information in its possession and has instituted measures to guard against unauthorized access of such information. We maintain physical, electronic and procedural safeguards to protect that information.