What can a licensee state if it does not disclose nonpublic personal financial information about customers to third parties?

A licensee can state that it does not disclose nonpublic personal financial information about customers to third parties, which emphasizes the commitment to customer privacy. This statement reassures clients that their sensitive information will remain confidential, fostering trust and confidence in the licensee.

In the financial and insurance industries, protecting client information is a fundamental principle, often governed by regulations like the Gramm-Leach-Bliley Act. By stating that it does not disclose such information, the licensee confirms adherence to privacy practices and possibly to legal requirements concerning data confidentiality.

The other options, while important aspects of overall customer communication and data protection, do not directly relate to the specific action of stating non-disclosure. For instance, providing reasons for not disclosing or detailing the types of information collected involves a different scope of customer communication that may not pertain to the immediate statement of non-disclosure. Similarly, describing customer rights regarding personal information extends beyond the specific declaration of non-disclosure and addresses broader privacy rights issues. Thus, the focus on stating the non-disclosure is both the simplest and most direct affirmation of the licensee's privacy policy regarding client information.