Terms of inSharerance



Last update: August 2020

These Terms of inSharerance constitute an electronic agreement between you and other people (hereinafter the Participant(s)) who both participate in risk sharing community inSharerance (hereinafter the inSharerance) and its administrator inSharerance LLC of 919 North Market Street, Suite 950, Wilmington, DE 19801 USA (hereinafter the Administrator) that applies to the Participants' use of this website, any and all services, products in inSharerance.

As used herein, Administrator refers to the company inSharerance LLC, including but not limited to, its members, managers, officers, employees, agents or other related parties, unless otherwise provided herein.

These Terms of inSharerance contain important provisions, which the Participant must consider carefully when choosing whether to visit the Site and participate in the risk sharing system, products and content of inSharerance. Please read these Terms of inSharerance carefully before agreeing to them.

The Participant is solely responsible for understanding and complying with any and all laws, rules and regulations of his/her specific jurisdiction that may be applicable to the User in connection with the use of any and all services, products and content of inSharerance.

These Terms of inSharerance incorporate Privacy Policy, Anti Money Laundering(AML) policy, Fee schedule, Risk Pool policy as well as any other policies published on the Site by reference, so by accepting these Terms of inSharerance, the Participant agrees with and accepts all the policies published on the Site

IF THE PARTICIPANT DOES NOT ACCEPT THESE TERMS OF INSHARERANCE, THE PARTICIPANT SHALL NOT ACCESS THIS SITE AND SHALL NOT USE ANY OF INSHARERANCE SERVICES, PRODUCTS AND CONTENT.


1. Definitions

Capitalized terms used in these Terms of inSharerance shall be interpreted in accordance with the definitions provided below:

UTC: means international standard time (Coordinated Universal Time, Temps Universel Coordonne). In inSharerance all time and date are defined by UTC, e.g. at the beginning of the month means 0:00 a.m. UTC.
Policy Period: means that one month; from 0:00 on first day of the month UTC to 23:59:59.99…on the last day of the month UTC.
Premium: means the amount of currency that Participant pays for each Risk Sharing Period. The first Premium at the beginning of policy. The second and later Premiums shall be paid before the beginning of the Risk Sharing period. Premium shall be paid till the month when beneficiary reports that the Participant pass away or when policy is terminated by policy holder. Each premium is same amount, regardless the first period and last period are shorter than other periods.
Benefit: means the amount of currency that is paid to beneficiary if Participant pass away after 7 days waiting period after first Premium is paid.
Risk Pool: means fund to be shared equally by reported policy holders' death. In each period In Life inSharerance Risk Pools are separated by Risk Pool Policy.
USD: means the fiat currency of United States of America.
Personal Information (Personal Data): any information which identifies you personally or which may help us to identify you (e.g. name, e-mail address, identity document number).
Platform: means an environment created by Administrator allows to share catastrophic risk between Participants.
Charge: means a fee set by Fee Schedule and which is charged by Administrator.
Site: means inSharerance website at https://insharerance.com
Account: means each policy holder and beneficiary's personal information and their policy information in the site. By controlling these information policy holder can execute their power to manage policy and beneficiary's right.

Where the context so admits words denoting the singular shall include the plural and vice versa.


2. Functions of inSharerance

Life inSharerance Policy

Life inSharerance is one month period policy renewable till the end of policy holder's life to pay benefit on policy holder's death. Everything is automatically renewed unless Administrator notice to change Terms of inSharerance on Site; “My Account”.

Life inSharerance is guaranteed issue policy, which requires no medical/healthy condition to issue policy. But by other reason, issue of policy can be declined, e.g. Money Laundering Policy

Policy holder is required to assign one beneficiary from their spouse, child and parent. Beneficiary is also a Participant of inSharerance as beneficiary. Beneficiary must be age 18 or over at last birthday. Each policy must have one and only one beneficiary. Policy holder can change beneficiary anytime and any times. If beneficiary pass away and if policy holder also pass away before policy holder assign new beneficiary. Then the benefit will be paid to policy holder's Estate.

The Policy holder and beneficiary are required to provide necessary true Personal Information, e.g. name, social security number, state. Untrue information may cause trouble in future, e.g. unable to receive benefit or loss of account. These information are used for inSharerance service and its improvement. inSharerance uses individual identity service Veriff and Google analysis service, following Privacy Policy and Anti Money Laundering Policy.

Depending on the Participant’s nationality, Anti Money Laundering Policy requirement etc., the Participant may not be able to use all the functions of the Site. It is the Participant’s responsibility to follow those rules and laws including but not limited to Anti Money Laundering requirement that are applicable to the Participant.

The last 3 hour and first 3 hours in every month are closing time; any changes are not possible, due to monthly batch job and IT maintenance. Because insharerance is monthly risk sharing service that accumulate risk events in the month shared by monthly premium. Every month batch operations are necessary and very important.

Premium is $50, regardless policy holder's age and gender. If policy holder's age at last birthday is from 18 to 85, they can buy/add new policy.

Policy holder can terminate policy anytime. If termination is executed within 10 days from first premium payment, 100% paid premium shall be refunded (Free-look period). But after free-look period paid premium for the current month shall not be refunded. There is no cash value to refund, because policy period is one month. When beneficiary report that policy holder pass away, the next/later month premium payment collection shall be stopped. Paid premiums till the reported day's month shall not be refunded.

If policy holder passes away within 7 days from the first premium payment day, benefit shall not be paid (waiting period). E.g. if pay first premium 7:00 PM 10th October, your benefit starts from 18th October. 100% paid premium shall be refunded to policy holder's Estate.

Policy holder is required to maintain active Paypal Account for premium payment subscription. The inSharerance shall arrange Paypal premium collection schedule before the Risk Sharing Period. If Paypal failed to collect premium, policy holder shall not share risk in the risk sharing period. But first failed premium collection month is grace period. If policy holder pass away in this first premium collection failed month, benefit shall be paid by deducting one month premium from benefit. Administrator shall try to collect two month premium in next month without any interest for delay.

Policy holder acknowledges and agrees that, when the Premium is collected by Paypal, he/she is sharing risk with other Participants, and that Administrator acts only as an administrator of the inSharerance, not as the insurer nor underwriter of the risk.

Risk pool amount is total amount of carried over risk pool from previous Policy Period plus new funding from of all Participants of this Policy Period. New funding is the amount premium minus charge set by Fee Schedule. Risk Pool is separated by Risk Pool Policy. Each separated Risk Pools are managed independently.

Benefit per one policy in each separated Risk Pool is calculated by following formula;

= MAX{$50,(Each Risk Pool Amount)/(Number of Reported Death after Waiting Period in the month)},

For the death of policy holder occurred in previous Risk Sharing Period, Benefit per one policy shall not exceed the Benefit per one policy in the Risk Sharing Period. The difference shall be carry over to each Risk Pool. Consequently, when many policy holders pass away, Benefit per one policy shall be smaller.

Risk Pool amount can be negative, which is 0% interest rate loan from Administrator. Negative amount shall be paid back by later month's new funding.

After Administrator's confirmation, benefit shall be paid to beneficiary by e-check. The confirmation shall be executed fairly with the documents/information provided by beneficiary and policy holder, including but not limited to death, birth and marriage certification by federal/state/embassies governments of USA. Additionally, individual identification of beneficiary is required. Administrator may decline payment if Anti Money Laundering Law etc. requires.

Benefit payment operation shall be executed within five working days in Delaware USA after confirmation of Administrator, as long as any additional information nor process is not necessary.


3. Participant's Rights and Responsibilities

The Participant has the right to enter and use the Site and the services, as long as he/she agrees to and actually complies with the Terms of inSharerance. By using the Site, the Participant agrees to accept and comply with the terms and conditions stated herein.

The Participant undertakes to read the entire Terms of inSharerance carefully before using the Site or any of the services provided by inSharerance. The Participant undertakes to comply with any and all applicable laws and regulations related to the use of inSharerance.

The Participant undertakes to monitor all and any changes on his/her Account.

The Participant undertakes to immediately (i.e. right after the moment of discovery) inform Administrator about any unusual, suspicious, unclear or abnormal changes on his/her Account. In case of late informing or non-informing the User will be liable for the breach of the Terms of inSharerance and the Administrator will have the right to take any further steps accordingly, including but not limited to report to the relevant state or national authorities.

The Participant undertakes to notify the Administrator immediately of any unauthorized use of his/her Account or password, or any other breach of security. Any Participant who violates the mentioned rules may be terminated, and thereafter held liable for any losses incurred by the Administrator or any Participant of the Site.

The Participant undertakes not to use inSharerance to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, financing terrorist organizations, or malicious hacking.

The Participant is responsible for any and all damages caused, and all liability actions brought against Administrator for infringement of any third-party rights or violation of any applicable laws.

Nothing in the Terms of inSharerance excludes or limits the liability of the Participant for fraud, death or personal injury caused by their negligence, breach of the terms implied by operation of law or any other liability which may not be limited or excluded by law.

Participants are solely responsible for determining whether any contemplated transaction is appropriate for them based on their personal goals, financial status and risk willingness.

All added payment instruments to your Account, may it be a bank account, credit card, debit card, or others must be named after the Account holder. Any attempt otherwise will be considered as fraud.


4. Participant's Representations and Warranties

By registering an Account, the Participant expressly represents and warrants that he/she:

The Participant represents and warrants that he/she will only use the Platform to perform transactions in accordance with the conditions set forth in these Terms and that they are duly authorized and have the capacity to enter into the transactions on the Platform.

The Participant represents and warrants that all transactions being carried out do not violate the rights of any third party or applicable laws. The Participant understands that his personal data and identifiers may be shared with appropriately authorized third parties, due to legal obligations such as prevention of crimes and tax purposes and/or to provide the service requested by the Participant.


5. inSharerance Right and Responsibilities

inSharerance (In this chapter include its Administrator) has the right to suspend the Participant’s Account and block all currency contained therein in case of non-fulfilment or unduly fulfilment of the Terms of inSharerance by the Participant.

inSharerance undertakes to provide the Services with the utmost effort, due care and in accordance with these Terms of inSharerance.

inSharerance’s responsibility shall be limited to using reasonable technical efforts to ensure the receipt of the currency transferred.

To the extent permitted by law, inSharerance is not responsible for any damages, loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, indirect or consequential loss unless the loss suffered is caused by a breach of the Terms of inSharerance.

inSharerance is not responsible for any malfunction, breakdown, delay or interruption of the Internet connection or any reason why our site is unavailable at any given time.

inSharerance is not responsible for the delay in the processing of payments made by the fault of any third parties, operators of such transactions.

In case of changes in the legislation of a particular country or state, the consequences of which are stricter regulation on the Platform, inSharerance may restrict transaction.

In the case of fraud, inSharerance undertakes to report all the necessary information, including names, addresses and all other requested information, to the relevant authorities dealing with fraud and breaches of the law. The Participants recognize that their account may be frozen at any time at the request of any competent authority investigating a fraud or any other illegal activity.

Nothing in these terms excludes or limits the responsibility of inSharerance for fraud, death or personal injury caused by their negligence, breach of the terms implied by operation of the law or any other liability which may not be limited or excluded by law.


6. Intellectual Property Rights

All content on this Site is the property of the Administrator and is protected by copyright, patent, trademark and any other applicable laws, unless otherwise specified hereby.

The trademarks, trade names, service marks and logos of the Administrator and others used on the Site (hereinafter the “Trademarks”) are the property of the Administrator and its respective owners. The software, applications, text, images, graphics, data, prices, trades, charts, graphs, video and audio materials used on this Site belong to the Administrator. The Trademarks and other content on the Site should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, no matter manual or automated. The use of any content from the Site on any other site or a networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, patent, trademark and any other applicable laws and could result in criminal or civil penalties.

the Administrator supports the protection of intellectual property. If you would like to submit (i) a trademark claim for violation of a mark on which you hold a valid, registered trademark or service mark, or (ii) a copyright claim for any material on which you hold a bona fide copyright, please contact the Administrator.


7. Participant Verification

Identification and verification procedures (also known as 'Know Your Customer' or 'KYC') are required for all the transactions. All existing and new Participants of the Platform must pass the verification procedure. inSharerance (In this chapter include its Administrator) reserves the right to limit the Platform functionality to the Participants who have not passed verification. If the Participant refuses to provide required documents and information under KYC, inSharerance reserves the right to immediately terminate the Services provision to the Participant.

The Participant undertakes to provide inSharerance with correct and relevant documents and personal information contained therein. In case the Participant provides counterfeit documents and false personal information, such behavior will be interpreted as a fraudulent activity.

The Participant hereby authorizes inSharerance to, directly or indirectly (through third parties), make any inquiries as we consider it necessary to check the relevance and accuracy of the information provided for verification purposes. Personal Data transferred will be limited to strictly the necessary and with security measures in use to protect the data.


8. Account Maintenance

The Site is for the Participant’s personal and non-commercial use only. inSharerance (In this chapter include its Administrator) is vigilant in maintaining the security of the Site and the Service. By registering with inSharerance, the Participant agrees to provide inSharerance with current, accurate and complete personal information as prompted by the registration process and to keep such information updated.

The Participant agrees that he/she will not use any Account other than their own or access the Account of any other Participant at any time or assist others in obtaining unauthorized access.

The Participant is responsible for maintaining the confidentiality of information on their Account, including, but not limited to their password, email, and of all activities including transactions made via their Account. If there is any suspicious activity related to the Participant Account, inSharerance may request additional information from the Participant, including authenticating documents and freeze the Account for the review time. The Participant is obligated to comply with these security requests or accept termination of their Account.

The Participant is acknowledged that email shall not be regarded as a secure method of communication and should never be used for transmitting Personal information.

Creation or use of the Accounts without obtaining a prior explicit permission from inSharerance will result in the immediate suspension of all respective Accounts. Any attempt to do so or to assist others (Participants or other third parties), or distribution of instructions, software or tools for that purpose will result in termination of such Participants’ Accounts. Termination is not an exclusive remedy for such a violation and inSharerance may decide to take further action against the Participant.

In case if it has been more than six (6) month since the Participant signed in with his/her Account, inSharerance has the right to qualify this Account as abandoned.


9. Transactions

The User acknowledges and agrees that transaction may be delayed due to some bank verifications and checks.

In case if the Participant discovers transaction activity on their Account that was not initiated by the Participant, the Participant shall immediately notify Administrator of this fact and follow the instructions by Administrator. Otherwise, Administrator reserves the right to freeze the Account until the end of investigation.

Administrator may be forced to cancel or recall already executed transaction at a request of financial institutions, including but not limited to banks, which are involved in settlement of such transactions. In such cases the Participant is obliged to cooperate with Administrator in order to discover the reasons for such request.


10. Illegal Transactions

Administrator reserves the right to suspend or terminate your inSharerance Account at any time if Administrator reasonably believes to be obliged to do so to comply with laws, administrative rules or recommendations issued by a relevant government authority or recognized body for the prevention of financial crime.

It is strictly forbidden to use the Account for any illegal purposes. Administrator will report any suspicious activity to the proper authorities.

The Participant shall ensure that they do not use inSharerance for the transactions relating to:


11. Account Security

The Participant is responsible for maintaining the confidentiality of their Account’s credentials, including, but not limited to a password, email and of all activity including transactions made through the Account.

inSharerance nor Administrator personnel will never ask the Participant to disclose their password. Any message the Participant receives or website that he/she visits that asks for the password, other than inSharerance Site, should be reported to Administrator. If the Participant is in doubt whether a website is genuine, it is required to ensure the website is EV SSL compliant (Security Certificate Validation is shown in the address bar of a web browser).

It is advisable to change the Participant’s password regularly (at least every three (3) to six (6) months) in order to reduce the risk of a security breach in relation to the Account. Participant shall not to choose a password that is easily guessed from information someone might know or gather about the User or a password that has a meaning. The Participant must never allow anyone to access his/her Account or watch the Participant accessing his/her Account.

If the Participant has any security concerns about his/her Account, login details, password or other security feature being lost, stolen, misappropriated, used without authorization or otherwise compromised, the Participant is advised to change the password. The Participant must contact Administrator without undue delay on becoming aware of any loss, theft, misappropriation or unauthorized use of the Account, login details, password or other security features. Any undue delay in notifying Administrator may not only affect the security of the Account but may result in the Participant being liable for any losses as a result. If the Participant suspects that someone else accessed his/her Account, the Participant should also contact an appropriate government agency and report the incident.

The Participant must take reasonable care to ensure that his/her e-mail account(s) are secure and only accessed by the Participant, as his/her e-mail address may be used to reset passwords or to communicate with the Participant about the security of the Account. inSharerance nor Administrator cannot be liable for the breach of an e-mail account resulting an unauthorized transaction to be executed with proper confirmation. In case any of the e-mail addresses registered with the Participant’s Accounts are compromised, the Participant should without undue delay after becoming aware of this contact Administrator and also contact his/her e-mail service provider.

Irrespective of whether the Participant is using a public, a shared or his/her own computer to access the Account, the Participant must always ensure that his/her login details are not stored by the browser, cached or otherwise recorded. The Participant should never use any functionality that allows login details or passwords to be stored by the computer he/she is using.

Additional products or services the Participant uses may have additional security requirements and the User must familiarize with those as notified to him/her.

Two-factor authentication must be enabled in order to make any transactions.


12. Termination of the Terms of inSharerance

The Participant may terminate the Terms of inSharerance and close their Account at any time, following settlement of any pending transactions.

The Participant also agrees that inSharerance (In this chapter include its Administrator) may, by giving notice, at its sole discretion terminate his/her access to the Site and to his/her Account, including without limitation, our right to: limit, suspend or terminate the service and the Participant's Accounts, prohibit access to the Site and its content, services and tools, delay or remove hosted content and take technical and legal steps to keep the Participant off the Site if inSharerance thinks that they are creating problems or possible legal liabilities, infringing the intellectual property rights of third parties or acting inconsistently with the letter or spirit of these Terms. Additionally, inSharerance may, in appropriate circumstances and at our discretion, suspend or terminate Accounts of Participants for any reason, including without limitation: (1) attempts to gain unauthorized access to the Site or another Participant's account or providing assistance to others' attempting to do so, (2) overcoming software security features limiting use of or protecting any content, (3) usage of the Service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities, (4) violations of these Terms of inSharerance, (5) failure to pay or fraudulent payment for Transactions, (6) unexpected operational difficulties, or (7) upon the request of law enforcement or other government agencies, if deemed to be legitimate and compelling by inSharerance, acting at its sole discretion.

inSharerance also reserves the right to cancel unconfirmed Accounts or Accounts that have been inactive for a period of six (6) months or more and/or to modify or discontinue our Site or Service. The Participant agrees that inSharerance will not be liable to them or to any third party for termination of their Account or access to the Site.


13. Services Availability

All Services are provided “AS IS”, without guarantees of any kind, either expressed or implied.

inSharerance (In this chapter include its Administrator) will strive to keep the Site up and running; however, all online services suffer from occasional disruptions and outages and inSharerance is not liable for any disruption or loss the Participant may suffer as a result. Thus, inSharerance does not provide any guarantees that access to the Site will not be interrupted or that there will be no delays, failures, errors, omissions or loss of transmitted information.

inSharerance will use reasonable endeavors to ensure that the Participant can normally access the Site in accordance with the Terms of inSharerance suspend use of the Site for maintenance and will make reasonable efforts to give the Participant a notice. The Participant acknowledges that this may not be possible in an emergency.


14. Financial or Legal Advice, Taxation

inSharerance (In this chapter include its Administrator) does not provide any financial, investment, risk management or legal advice in connection with the Services provided by inSharerance.

The Participant undertakes to pay all his/her taxes and duties, which can be resulted from the use of inSharerance Services and should be paid according to the Participant’s state of residence regulations.

inSharerance is not responsible for any violation made by the Participant due to his/her obligation to calculate and pay taxes and duties.


15. Notices and Communication

inSharerance (In this chapter include its Administrator) reserves the right to send notices to and communicate with the Participant by any means of communication available to inSharerance, considering any information provided by the Participant.

The Participant expressly agrees to receive any notices in electronic form and to be bound by them, if so is required by the Terms of inSharerance.


16. Governing Law and Dispute Resolution

These Terms of inSharerance shall be governed by and construed in accordance with the laws of the Delaware without regard to its conflict of law principles, unless otherwise expressly provided. All disputes and controversies arising out of or in connection with this website and these Terms of inSharerance shall be submitted to the exclusive jurisdiction of any federal or state court located within the State of Delaware.


17. Severability

If any provision of these Terms or the application of any such provision is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision or the application of such provision. If possible, any invalid, illegal or unenforceable provision will be modified to reflect the inSharerance’s original intention.


18. Limitation of Liability

IN NO EVENT SHALL INSHARERANCE, ADMINISTRATOR, ITS OFFICERS, DIRECTORS, MANAGERS, EMPLOYEES, AGENTS, AND ALL THIRD PARTY SERVICE PROVIDERS BE LIABLE TO THE PARTICIPANT OR ANY OTHER PERSON OR ENTITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES WHATSOEVER, INCLUDING ANY THAT MAY RESULT FROM (I) ACCURACY, COMPLETENESS OR CONTENT OF THIS SITE, (II) ACCURACY, COMPLETENESS OR CONTENT OF ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (III) THE SERVICES FOUND AT THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IV) PERSONAL INJURY OR PROPERTY DAMAGE OF ANY NATURE WHATSOEVER, (V) THIRD-PARTY CONDUCT OF ANY NATURE WHATSOEVER, (VI) ANY UNAUTHORIZED ACCESS TO OR USE OF OUR SERVERS AND/OR ANY AND ALL CONTENT, PERSONAL INFORMATION, FINANCIAL INFORMATION OR OTHER INFORMATION AND DATA STORED THEREIN, (VII) ANY INTERRUPTION OR CESSATION OF SERVICES TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (VIII) ANY VIRUSES, WORMS, BUGS, TROJAN HORSES OR THE LIKE, WHICH MAY BE TRANSMITTED TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IX) ANY USER CONTENT OR CONTENT THAT IS DEFAMATORY, HARASSING, ABUSIVE, HARMFUL TO MINORS OR ANY PROTECTED CLASS, PORNOGRAPHIC, “X-RATED”, OBSCENE OR OTHERWISE OBJECTIONABLE AND/ OR (X) ANY INCIDENTAL, INDIRECT, OR CONSEQUENTAL DAMAGES (INCLUDING LOST PROFIT) OF ANY KIND INCURRED AS A RESULT OF THE PARTICIPANT'S USE OF THIS SITE, WHETHER BASED ON WARRANTY, CONTRACT, TORT, NEGLIGENCE OR ANY OTHER LEGAL OR EQUITABLE THEORIES AND WHETHER OR NOT INSHARERANCE AND/OR ADMINISTRATOR HAVE PREVIOUSLY AWARE OF THE POSSIBILITY OF SUCH DAMAGES. IN ADDITION, ANY PARTICIPANT SPECIFICALLY ACKNOWLEDGES AND AGREES THAT ANY CAUSE OF ACTION ARISING OUT OF OR RELATED TO THIS SITE OR THE SERVICES FOUND AT THIS SITE MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES, OTHERWISE SUCH CAUSE OF ACTION SHALL BE PERMANENTLY BARRED. IN ADDITION, THE PARTICIPANT SPECIFICALLY ACKNOWLEDGE AND AGREE THAT IN NO EVENT SHALL INSHARERANCE’S AND/OR ADMINISTRATOR’S TOTAL AGGREGATE LIABILITY EXCEED THE TOTAL CHARGE AMOUNT PAID BY THE PARTICIPANT FOR THE PARTICULAR SERVICES THAT ARE THE SUBJECT OF THE CAUSE OF ACTION. THE FOREGOING LIMITATION OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW AND SHALL SURVIVE ANY TERMINATION OR EXPIRATION OF THIS AGREEMENT OR THE PARTICIPANT'S USE OF THIS SITE OR THE SERVICES FOUND AT THIS SITE.


19. Indemnity

The Participant agrees to protect, defend, indemnify and hold harmless inSharerance and/or Administrator and its officers, directors, employees, agents and third party service providers from and against any and all claims, demands, costs, expenses, losses, liabilities and damages of every kind and nature (including, without limitation, reasonable attorneys’ fees) imposed upon or incurred by inSharerance and/or Administrator directly or indirectly arising from (i) the Participant’s use of and access to this Site or the Services found at this Site; (ii) the Participant’s violation of any provision of the Terms of inSharerance or the policies or agreements which are incorporated herein; and/or (iii) the Participant’s violation of any third-party right, including without limitation any intellectual property or other proprietary right. The indemnification obligations under this section shall survive any termination or expiration of the Terms of inSharerance or the Participant’s use of this Site or the Services found on this Site.


20. Modification and Amendments

inSharerance and/or Administrator reserves the right to amend or modify any portion of these Terms of inSharerance at any time by publishing the revised version of the Terms of inSharerance on the Site. The changes will become effective and shall be deemed accepted by the Participant, the first time the Participant uses the Services after the publishing of the revised Terms of inSharerance and shall apply on a going-forward basis with respect to any activity initiated after publishing. In the event that the Participant does not agree with any such modification, the Participant's sole and exclusive remedy is to terminate the use of the Services and close the Account. The Participant agrees that inSharerance and/or Administrator shall not be liable to the Participant or any third party as a result of any losses suffered by any modification or amendment of these Terms of inSharerance.


21. Force Majeure

If inSharerance and/or Administrator is unable to perform the Services outlined in the Terms of inSharerance due to the factors beyond its control including but not limited to the event of Force Majeure, change of law or change in sanctions policy, inSharerance and/or Administrator will not have any responsibility to the Participant with respect to the Services provided hereunder and for a time period coincident with the event.


22. Links to Third-party Websites

This Site and the Services found at this Site may contain links to third-party websites that are not owned or controlled by inSharerance (In this chapter include its Administrator). inSharerance assumes no responsibility for the content, terms and conditions, privacy policies or practices of any third-party websites. In addition, inSharerance does not censor or edit the content of any third-party websites. By using this Site or the Services found at this Site, you expressly release inSharerance from any and all liability arising from the Participant's use of any third-party website. Accordingly, inSharerance encourages the User to be aware when the Participant leaves this Site, or the Services found at this Site and to review the terms and conditions, privacy policies and other governing documents of any other website that you may visit.


23. Language

All communication shall be in English. Other languages provided shall be used only for reference. In the event of any difference between the English and other languages, the English shall prevail over other languages. inSharerance and/or Administrator do not have any responsibility on other languages.


24. Contact

If Participant has any questions relating to these Terms of inSharerance, rights and obligations arising from Terms of inSharerance and/or use of the Site etc., please contact through inSharerance site communication way to Administrator.



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