Common use of Processing Requirements Clause in Contracts

Processing Requirements. The Company will process requested transactions, payments, and changes under this Policy only after receipt in the Home Office of all requirements in good order according to the Company’s then current procedures. These requirements, which the Company may change from time to time, may include proper completion of forms, valid instructions and authorizations, or other administrative or evidentiary requirements of the Company. The Company reserves the right to require the Owner or other persons providing a signature in connection with a disbursement of any amounts under this Policy, or a change in ownership or beneficial rights under this Policy, to provide a signature guarantee to protect against fraud.