Principle Six: Accuracy ~ Full Text

6 PRINCIPLE SIX: ACCURACY

Personal information shall be as accurate, complete, and up-to-date as is necessary for the purposes for which it is to be used.

6.1 The extent to which personal information will be accurate, complete and up-to-date will depend upon the use of the information, taking into account the interests of the Customer. Information will be sufficiently accurate, complete and up-to-date to minimize the possibility that inappropriate information may be used to make a decision about the Customer.

6.2 Wawanesa will not routinely update personal information unless it is necessary to fulfill the purposes for which it was collected.

6.3 Personal information that is used on an ongoing basis, including information that is disclosed to third parties, will generally be accurate and up-to-date, unless limits to the requirement for accuracy are clearly set out.




AM Best