1. (a) A licensee shall provide a notice required under 3 AAC 26.610 - 3 AAC 26.749 to a consumer in a manner that is reasonably expected to result in receipt of the notice by the consumer.

2. (b) For annual notices, a licensee may comply with the requirements of (a) of this section by

   1. (1) making the licensee's current privacy notice available to the customer upon request, if a customer has directed the licensee to refrain from sending the customer information regarding the customer relationship; or
   2. (2) continuously posting the licensee's current privacy notice in a clear and conspicuous manner on the licensee's web site, if the customer uses the licensee's web site to access insurance products or services and the customer has agreed to receive notices on the web site.
3. (c) A licensee does not meet the requirements of (a) of this section by orally explaining the notice.

4. (d) A licensee shall provide notices required under 3 AAC 26.610, 3 AAC 26.615, and 3 AAC 26.630 in a manner that allows the customer to retain the notice or to obtain a written notice in the future, and that may include

   1. (1) hand-delivering a printed copy of the notice to the consumer;
   2. (2) mailing a printed copy of the notice to the last known address of the customer; or
   3. (3) for a customer who obtains an insurance product or service electronically and agrees to receive notice on the licensee's web site, continuously publishing the licensee's current privacy notice on the web site.
5. (e) A licensee may provide a joint privacy notice from the licensee from any of the licensee's affiliates identified in the notice, and from any other financial institutions identified in the notice, if the notice accurately reflects the privacy policies and practices of the licensee, the licensee's affiliates, and the other financial institutions.
6. (f) A licensee may provide a notice on behalf of another financial institution.
7. (g) If two or more consumers jointly obtain an insurance product or service from a licensee, the licensee may comply with the notice requirements in 3 AAC 26.610, 3 AAC 26.615, and 3 AAC 26.630 by providing a single notice to the consumers.

(Eff. 1/1/2005, Register 172)