Common use of DATA PROCESSING AND PROTECTION Clause in Contracts

DATA PROCESSING AND PROTECTION. 17.1. Compensa processes personal data in accordance with the legislation. Compensa has the right to process the Policyholder’s, the insured party’s, the beneficiary’s and the injured party’s data to assess the risk and to prepare, conclude and fulfil the insurance contract. 17.2. With their request to conclude an insurance contract or conclusion of an insurance contract, the Policyholder grants their full and unconditional consent to process the Policyholder’s personal data for the conclusion, amendment and performance of the insurance contract, incl. the person’s age, residence, contact details, job, position, business activity, relationships, hobbies, insurance and loss history, as well as sensitive personal data (incl. data on the client’s state of health or disability), data on committing or being a victim of a crime. 17.3. The Policyholder authorises Compensa to source the said data from third persons. The Policyholder grants Compensa the right to forward the personal data to all third persons related to the conclusion, amendment and performance of the contract. 17.4. Compensa has the right to forward client’s data to third persons whom they use in fulfilling their obligations (authorised employees). Information on the authorised employees is provided on Compensa’s website: xxx.xxxxxxxx.xx. 17.5. Compensa has the right to issue a copy of the insurance policy to the insured person, the beneficiary and the pledgee of the insured item. Compensa has the right to disclose information related to a loss event to a government body in whose competence the proceedings of the loss event is. 17.6. The Policyholder agrees that Compensa uses the client data for offering additional insurance services to the Policyholder and marketing information on the said services. 17.7. The Policyholder has the right to obtain information from Compensa on the personal data and their use at any time and demand the correction of incorrect data and demand the ceasing of the processing of personal data from Compensa, unless otherwise provided by the law. 17.8. Compensa retains the personal data for as long as is necessary for fulfilling the objectives of client data processing or performing the objectives arising from the legislation, also taking into account the term of expiry of claims arising from the contract.