It is standard because there is no other choice if you want to provide services of this nature. Blame the law, not the service providers.
Therefore there will always be a tiny chance left for one party to get bitten in the ass down the line. The company has to decide if its them or you that is exposed to that slight risk.
Good luck finding a company that picks them rather than you.
Rereading, I realise that I haven't been entirely clear. I hope you get the idea. IANAL.