What must an insured receive in order to opt out of the disclosure of their nonpublic information?

An insured must receive notice from the insurer in order to opt out of the disclosure of their nonpublic information. This notice serves as a formal communication from the insurer informing the policyholder about the company's practices regarding the collection, use, and sharing of personal data. The notice typically outlines the rights of the insured concerning their information, including the right to opt out.

Receiving this notice is critical because it ensures that the insured is aware of how their personal information may be used or disclosed. By providing this prompt, the insurer enables the policyholder to make an informed decision regarding their privacy and the management of their sensitive data. This is a key part of compliance with regulations governing personal data protection, which aim to give individuals control over their information.

While other elements like consent forms or a detailed explanation of data usage may be relevant in the overall context of information sharing, the foundational requirement for opting out specifically hinges on being provided with the necessary notice from the insurer.