These terms and conditions apply to all electronic check payments made online to Safehold Special Risk, Inc. These terms and conditions also apply to Electronic Communications whether or not in connection with an electronic check payment.
Definitions - As used in these terms and conditions. "Safehold," "we" or "us" refers collectively to Safehold Special Risk, Inc. and all of its divisions, subsidiaries and affiliates. "You" means you, the customer. "Service" means any service, product, or insurance policy provided by Safehold. "Electronic Communications" means any electronic billing and payment communications sent by Safehold to you or by you to Safehold such as online access to statements and emails related to billing or payment, disclosures, notices and other communications regarding your Service (including, without limitation, your billing statements, notice of the posting of your electronic payments, annual privacy notices and change-in terms notifications).
Authorization - By entering your electronic check information you (i) state that you are an authorized user of the electronic check and that the associated information entered (e.g., account holder name, account number, billing address) is accurate, (ii) you authorize Safehold to charge the amount you have requested to your funding account, and (iii) authorize Safehold to return to your funding account any funds due to you by Safehold from use of this service.
Charges - For each transaction, in addition to the charge you have authorized, your banking financial institution may assess their customary transaction or handling charge, if any. If a charge is declined or reversed by the financial institution, you agree to reimburse us for all reasonable costs of collection. Your financial institution may also assess its customary charge for such transactions.
Dishonored Requests for Payments - If your financial institution does not honor an online payment transaction, then we have the right to charge the amount of any such transaction to your account or to collect the amount from you. If your financial institution does not honor an online payment transaction, we may terminate any or all Service in accordance with the provisions of your policy(s).
Sensitive information should NEVER be provided via e-mail unless you are the party who initiated the contact or know exactly with whom you are communicating. Remember, legitimate businesses and organizations with which you maintain a relationship already have all the information they need about you. If you receive an e-mail purporting to be from Safehold and you are unsure if it is legitimate, please call us using a telephone number that you know is ours (e.g., on your serving statement, or website) prior to responding to it.