Fillable Proof Of Death Claim Form - Life Insurance Benefits (Page 8 of 8) in pdf

Standard Secure Access

Terms and Conditions

Ownership Rights

Special Fees

You are the owner of this account. The owner alone has

Basic Services on your account are provided to you at

the right to write checks against the account balance

no cost. There are no monthly services fees, no per check

and to exercise all the rights and privileges provided by

charges and no charge for additional checks. There

this account or allowed by Standard Insurance Company

are special fees for special services you may incur. The

(“The Standard”).

current special fees are:

• $25.00 for each check returned by the bank as

Effective Date

unpaid, such as a check written for more than your

The effective date is the date the account was established.

account balance

• $25.00 per check for each Stop Payment order

Interest

Interest is earned on your account from the effective date

Rules and Regulations of the Bank

at a rate based on the 13-week Treasury Bill auction rate

Checks drawn on Standard Secure Access accounts are

but not to exceed 5% and as shown on your monthly

payable as drafts through The Northern Trust Company,

statement. Interest is compounded daily and is credited

Chicago, IL. Your Standard Secure Access account is

to your account on the last day of the month. Principal

also subject to applicable banking laws and regulations.

and any interest earned in the Standard Secure Access

account are fully guaranteed by The Standard.

Deposits

Minimum Balance Requirements

Additional deposits cannot be made into this account.

If at any time the account balance falls below $500, the

Assignments

account automatically will be closed at the end of that

month. The final account balance, including interest

No assignment of the Standard Secure Access account

credited, will be mailed to you.

will be permitted. Any attempted assignment will not be

binding on The Standard, its third party administrator

Minimum Check Amount

or any successor administrator.

You may write checks for $250 or more against your

Changes in Terms and Conditions

account balance using the special checks provided to

you. There is no limit on the number of checks you

The Standard reserves the right to terminate this

can write against the balance of your account.

program, make changes to the terms and conditions

and change the commercial bank being used as a

Statements

clearing facility. If termination occurs or such changes

are made, The Standard will notify you of the changes.

Each month you will receive a statement of your account

All agreements made by The Standard are signed by an

by mail showing your beginning balance, any withdrawals,

officer of The Standard. No other person can change or

interest credited, special service charges if any (see

waive any of the conditions of this certificate or make

Special Fees section) and the interest rate that your

any agreement that will be binding upon The Standard.

account is earning. Canceled checks are not returned

with your account statement but are available at no cost.

Standard Insurance Company

Greg Ness, President and CEO

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SI 1794

(8/16)

Proof Of Death Claim Form - Life Insurance Benefits Page 8

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