How is personal information handled according to CDI standards?

The handling of personal information according to CDI (California Department of Insurance) standards emphasizes the importance of privacy and ethical practices. The correct practice requires that personal information be disclosed only for valid business purposes. This means that any collection, use, or sharing of personal data must be relevant and necessary for the specific business activities being conducted.

The principle behind this standard is to protect consumers' personal information and to ensure that such data is not misused. It promotes transparency and accountability, ensuring that individuals know how their information is being used and that it is safeguarded against unauthorized access or disclosure.

Options suggesting that information must always be public, shared with third parties, or collected without accountability do not align with the standards of privacy and consent as laid out by CDI. These options overlook the need for legitimate purposes and ethical considerations in managing personal information.