Privacy Policy

Introduction

A privacy policy is a statement or a legal document (in privacy law) that discloses some or all of the ways a party gathers, uses, discloses, and manages a customer or client's data. It fulfills a legal requirement to protect a customer or client's privacy of data termed Personally Identifiable Information (PII). This Privacy Policy sets forth the reasonable security practices and procedures adopted by MONEYBUGS is owned and operated by Saarvi Professional Technoserv LLP and shall apply for use, disclosure, and sharing of the Sensitive personal data or information (“personally identifiable Information”) as provided by the customers to MONEYBUGS Insurance MONEYBUGS website. This privacy policy is in conjunction with the terms of use agreed by the customers while getting registered with MONEYBUGS for availing its services.

I. Background

MONEYBUGS (the “Company”) adheres strictly to information technology and data protection laws, rules and regulations, including but not limited to, the Information Technology Act, 2000 and the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011. In order to ensure compliance with the same, the Company has implemented this privacy policy which may be amended as and when required by the Company at its own sole discretion (the “Privacy Policy”). The Company understands the importance of and prioritizes the protection of sensitive personal data or information. This Privacy Policy specifies the manner in which sensitive personal data or information is collected, received, stored, processed, disclosed, transferred, dealt with and handled by the Company in relation to your use of the website http://moneybugs.in/# or the MONEYBUGS Pvt. Ltd application for mobile devices (each referred to as the “Website”) and cloud telephony services offered by the Company (the “Services”).

II. Customer Data

Personal information for purposes of this Policy means information that identifies the customer, e.g. Customer’s Name, Date of birth, Medical History/Records, Phone number, email address, etc. Personal Information provided by the customers will be taken as it is and the company will not be responsible for the authenticity of information supplied by the customers. Personal information which is provided/collected from the customers is only for the purpose of the terms of use which have been agreed upon by The Company with the customers to provide various services by the Company as per applicability. The Company may collect, store and use following kinds of information: (a) Information provided by customers to The Company at the time of registration on company website or otherwise ; (b) Information about computer and about visits to and use of this website (including IP address, geographical location, browser type and version, operating system, referral source, length of visit, page views and website navigation paths) (c) Information provided by customers when completing profile on company website or otherwise (including but not limited to name, profile pictures, gender, date of birth, medical history, relationship status, interests and hobbies, educational details and employment details) ; (d) Information provided by while subscribing to Companies email notifications and/or newsletters (e) Information that provide to us when using the services on Company website, or that is generated in the course of the use of those services (including the timing, frequency and pattern of service use) (f) Information relating to any purchases that make or any other transactions that have entered into through Companies website (g) Information that post to our website for publication on the internet (including [ user name, profile pictures and the content of posts (h) Information contained in or relating to any communication that have sent to Company through website or otherwise (for e.g. email) If choose not to agree with the policy, will not be entitled to use the Services as per the terms of use.

III. Consent

1. By visiting the Website and registering for and using the Services, you agree to be bound by and expressly consent to the terms and conditions of this Privacy Policy. In the event that you do not agree with and/or consent to the terms and conditions set out herein, please do not use or access the Website and Services. You hereby acknowledge and agree that by mere use of the Website and Services, you expressly consent to the Company’s collection, receipt, storage, processing, disclosure, transfer, dealing with and handling of the Customer Data in accordance with this Privacy Policy. 2. You understand that while your account is active to use the Website and Services, the Company, its subsidiaries, affiliates and third parties engaged by it, may retain your Customer Data and use it in any manner in order to comply with its contractual obligations and other obligations under applicable law. 3. In the event that you wish to withdraw your consent to the Company’s collection, receipt, storage, processing, disclosure, transfer, dealing with and handling of the Customer Data, you may contact the Company at po@http://moneybugs.in/# , informing the Company of your withdrawal of consent to its use as aforesaid of your Customer Data. You hereby acknowledge and agree that in case you withdraw your consent to the Company’s use and disclosure of your Customer Data as provided for in this Privacy Policy, the Company hereby expressly reserves the right to discontinue provision of access to the Website and Services at its own sole discretion. IV. Purpose of Collection and Use of Customer Data 1. You hereby acknowledge and agree that the Customer Data is collected by the Company for a lawful purpose and to facilitate your use of the Website and Services. You further acknowledge and agree that such collection of Customer Data is necessary for the same and that the Company does not retain any Customer Data for longer than is required for the purposes of your use of the Website and Services. The Company collects and uses the Customer Data for the following purposes: 2. The Company uses the Customer Data to provide you with access to its Website and Services and services from its subsidiaries, affiliates and third parties. 3. By using this website and on procuring quotations therein, you hereby authorize us to contact you via calls , mails and/or text messages on the contact details so provided, to furnish you with information with regards to the services and products of teleforce. this authorization shall be licit for the mentioned purposes irrespective of whether you are registered with the NDNC registry. (a) To Complete requests for products and services offered and subscribed and accepted by Customers (b) To personalize MONEYBUGS website for Customers (c) To deliver any administrative notices, alerts, advice and communications relevant to the usage of the Services or to administer the website and business (d) To share information with Companies agents, group companies and other third parties in so far as required for joint marketing purposes and / or to other similar services to provide various value added services (e) Use the information for market research, project planning, troubleshooting problems, detecting and protecting against error, fraud or other criminal activity; (f) Disclose the information to the third-party contractors that provide services to us and are bound by the same privacy restrictions by way of NDA (g) To provide third parties with statistical information about our users (but those third parties will not be able to identify any individual user from that information (h) To deal with enquiries and complaints made by the customers relating to our Service (i) To enforce Companies Terms and Conditions regarding services offered. 4. The Company uses the Customer Data to resolve complaints raised by you as per the Company’s policies including but not limited to support and maintenance policy and service level agreements, if any. The Company may use the Customer Data to provide you with new products, services and support and maintenance services. In addition, you hereby acknowledge and agree that the Company may use the Customer Data: • (a) to notify you of technical updates or changes in the Company’s policies, • (b) to improve the content and functionality of the Website and Services, and • (c) to assist the Company in better understanding its users and/or to deliver other services. 6. You hereby acknowledge that the Company uses cookies while providing access to the Website and Services and consent to its continued use of the same. For the purpose of clarity, ‘cookies’ are small files that a website or service provider transfers to your computer and/or hard drive through your web browser, provided you consent to the same, that enables the websites’ or service providers’ systems to recognize your web browser and capture and retain certain information. You hereby acknowledge and agree that cookies may be used for the Company’s implementation on your and/or others’ visits to the Website. 7. The Company works closely with its subsidiaries, affiliates and third parties engaged by it during the course of the provision of Services. You hereby acknowledge and agree that the Company may disclose the Customer Data to its subsidiaries, affiliates and authorized third parties engaged by it, which subsidiaries, affiliates and authorized third parties may or may not be located within India. However, in any such cases, the Company shall make reasonable commercial efforts to ensure that such subsidiaries, affiliates and authorized third parties keep such portions of the Customer Data that they may receive from the Company confidential as per industry standards. 8. The Company undertakes that it shall not cause the collection, receipt, storage, processing, disclosure, transfer, dealing with and handling of the Customer Data provided on the Website or pursuant to the past, current or future use of the Services by any of its subsidiaries, affiliates and other third parties, except as provided in this Privacy Policy, or in accordance with lawful instructions issued by you, or as required under applicable law.

9. Disclosure of Customer Data

The existing regulatory environment and applicable law may make it necessary for the Company to disclose the Customer Data in ways not explicitly highlighted in this Privacy Policy. Accordingly, you hereby acknowledge and agree that the Company may disclose the Customer Data in the circumstances set out below:

V. Subsidiaries and Affiliates

The Company may share the Customer Data with its subsidiaries or any entity affiliated to it for the purposes consistent with this Privacy Policy, provided that the Company shall make reasonable commercial efforts to ensure that its subsidiaries and affiliates keep the Customer Data that they may receive from the Company confidential as per industry standards.

VI. Statutory or Legal Obligation

The Company may need to disclose the Customer Data if required to do so by law and if such action is necessary to: (a) comply with a legal obligation; (b) protect and defend the rights or property of the Company; and (c) protect the Company from incurring any legal liability itself. In addition, the Company may disclose the Customer Data to third parties without your consent such as its attorneys, law enforcement authorities, courts of competent jurisdiction, judicial or administrative agencies, or legislative bodies as and when such disclosure is deemed necessary to comply with any applicable law, regulation or official direction and to protect the Company’s rights.

VII. Business Transfers

As the Company develops its business, the Company may sell or buy businesses and assets. In the event of a corporate sale, merger, reorganization, dissolution or similar event, you acknowledge and agree that Customer Data may form part of the transferred assets. You further acknowledge that the acquirer or successor of the Company may continue to use the Customer Data in the manner set forth herein, provided that the Company shall make reasonable commercial efforts to ensure that the acquirer or successor keeps the Customer Data that they may receive from the Company confidential as per industry standards. .

Vlll. Third Parties

1. You hereby acknowledge and agree that in cases where you elect to use one or more third party applications that inter operate with the Services, those applications may, upon your election, be given access to your Customer Data. You further acknowledge and agree that in such cases, the Company shall not be responsible for the policies and practices of such third party application providers and shall not incur any liability arising out of or in connection with any action or inaction by any such third party application provider concerning the Customer Data. 2. You hereby acknowledge and agree that the Company may engage third parties (whether located within or outside India) to perform certain business related functions as part of the Services, including but not limited to, maintaining databases and servers, processing SMSs and calls, processing payments and storing the Customer Data, provided that the Company shall disclose only that portion of the Customer Data that is necessary for them to perform their specific function and further make reasonable commercial efforts to ensure that such third parties keep such portions of the Customer Data that they may receive from the Company confidential as per industry standards. Notwithstanding anything contained herein, you hereby acknowledge and agree that this Privacy Policy shall not apply to the use of the Customer Data by any third parties in violation of the terms and confidentiality obligations under which the same have been disclosed to them by the Company and that the Company shall not be liable or responsible for any consequences arising out of or in relation to the same

X. Reasonable Security Practices and Procedures

1. The Company at all times strives to achieve the security and confidentiality of the Customer Data as per industry standards. The Company vide various internal audits and checks, makes best efforts to ensure that there is no unauthorized collection, receipt, storage, processing, disclosure, transfer, dealing with and handling of the Customer Data. 2. The Website and Services have strict security measures in place which help protect against loss, misuse, and unauthorized alteration of the Customer Data. In cases where you change or access the Customer Data, the Company adheres to strict security guidelines, protecting it against unauthorized access. 3. In addition, only authorized employees of the Company and its subsidiaries, affiliates and third parties engaged by it may be given access to the Customer Data where required for the performance of their obligations in connection with the Services.

XI. Removal and Modification of Customer Data

1. If at any time, you wish to review the Customer Data in order to ensure that the Customer Data is accurate, you may mail the Company at po@http://moneybugs.in/# and express your concerns regarding the accuracy of the Customer Data and the Company shall thereafter take steps to correct and/or amend the Customer Data to the extent feasible, to ensure its accuracy, provided that the Company, its subsidiaries, affiliates and third parties shall not be responsible for the accuracy and/or authenticity of the Customer Data supplied by you and the Company hereby disclaims any and all liability arising out of or in connection with the accuracy and/or authenticity of the Customer Data. XII. External Links You hereby acknowledge and agree that when you visit the Website and use the Services, there may be certain links which may direct you to other websites not maintained by the Company (the “Third Party Website”). The manner in which your Customer Data is collected, received, stored, processed, disclosed, transferred, dealt with and handled by such Third Party Websites is governed by the terms and conditions and privacy policy of the respective Third Party Website. You hereby further acknowledge and agree that the Company has no control over the Customer Data in such an event. The Company urges you to acquaint yourself with the terms and conditions and privacy policy of every such Third Party Website and in this regard, the Company hereby expressly disclaims all liabilities with respect to the manner in which the Third Party Website collects and/or uses the Customer Data. XIII. Changes and Updates 1. This Privacy Policy is subject to change from time to time at the Company’s own sole discretion. You hereby acknowledge and agree that your continued use of the Website and Services constitutes your agreement to this Privacy Policy and any updates hereto. If at any time the Company wishes to alter this Privacy Policy, the changes made will be posted at this URL for you to be aware of the sensitive personal data or information that is collected, received, stored, processed, disclosed, transferred, dealt with and handled by it. 2. The Privacy Policy was last revised on 01/08/2022. XIV. Redressal of Grievances If at any time you have questions or concerns with respect to the Privacy Policy, please feel free to mail the Company at po@http://moneybugs.in/# . If at any time you have grievances or complaints with regard to the collection, receipt, storage, processing, disclosure, transfer, dealing with and handling of Customer Data in a time-bound manner or otherwise, you may contact the “Grievance Officer” of the Company at grievances@teleforce.in, who shall redress your grievance/complaint within one (1) month from the date of receipt of the grievance/complaint. While registering a grievance/complaint, you are kindly requested to quote your account details for the Company’s reference to enable it to effectively resolve your grievance/complaint. XV. Governing Agreements and Law Notwithstanding anything contained herein, this Privacy Policy is subject to any and all agreements that you execute with the Company and shall further be governed by and construed exclusively in accordance with the laws of India.