Terms & Conditions

These terms and conditions of use (“Terms”) are the legal agreement between you, a member of Impact Health Sharing, Inc., a health sharing organization (“Impact”), Sharable, LLC (“Sharable” or “we/us/its”) and the Financial Institution described in “Account Agreement” below. These Terms govern your use of Sharable’s platform (the “Sharable Platform” or the “Site”) that Sharable makes available to you through its website (including related domains, sites, and mobile applications, as applicable) and your Account which is accessible through the Sharable Platform, as described in “Account Agreement” below.

By (i) clicking an “Accept” or similar button, (ii) checking a box captioned with acceptance language, or (iii) accessing, using, or signing up for the Sharable Platform and an Account, you acknowledge that you have read and understand these Terms and that you agree to be bound by them.

YOU MAY NOT USE THE SHARABLE PLATFORM OR ACCESS YOUR ACCOUNT IF YOU DO NOT AGREE TO THESE TERMS. PLEASE REVIEW THEM CAREFULLY.

1. • any information that misrepresents the nature of your relationship with our organization, or incorrect facts or data about our organization; or
   • any unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane or indecent information of any kind, including, without limitation, any content constituting or encouraging conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any local, state, provincial, national or international law, regulation which may be damaging or detrimental to the activities, operations, credibility or integrity of Sharable or its subsidiaries; or
   • any material or information of any kind, which promotes racism, bigotry, hatred or physical harm of any kind against any group or individual, could be harmful to minors, harasses or advocates harassment of another person, provides material that exploits people under the age of 18 in a sexual or violent manner, provides instructional information about illegal activities, including, without limitation, the making or buying of illegal weapons; or
   • any information, software or other material which violates or infringes upon the rights of others, including material which is an invasion of privacy or publicity rights, or which is protected by copyright, trademark or other proprietary rights.

We reserve the right to prohibit or refuse to accept any link to the web site, including, without limitation, any link which contains or makes available any content or information of the foregoing nature, at any time. We reserve the right to, at any time and without prior notice, ask you to remove the link should we determine it to have a negative effect on our website, search engine results or other negative impact on our visitors. You agree to remove the link immediately upon request. 

1. Credit Cards. We take the issue of your data security seriously. All credit card information submitted is protected by SSL (Secure Sockets Layer) or TLS (Transport Layer Security) encryption or similar technology. We provide your credit card number, billing and shipping information to participating merchants from whom you buy goods or services. These merchants are solely responsible for how they use that information and any other information they independently acquire from you or about you. Otherwise, we do not retain, store, share or use your credit card information.
   
   
2. Privacy Policy. Sharable will treat as confidential all health-related information submitted by you, customers or other visitors to the Site, in accordance with Sharable's privacy Policy (see “Privacy Policy” below). The purpose of our privacy policy is to identify the information we collect online, the steps we take to protect it and your choices regarding how that information is used.
   
   
3. Indemnification. You agree to indemnify, defend and hold harmless Sharable and its suppliers and their respective affiliates, employees, officers, directors, agents, servants and representatives of each from any liability, loss, claim, suit, damage, and expense (including reasonable attorneys´ fees and expenses) related to (i) your violation of these terms and conditions and (ii) your posting of material to this Site.
   
   
4. Applicable Law. These terms and conditions and the resolution of any dispute related to these terms and conditions shall be construed in accordance with the laws of the State of Florida. Any dispute between Sharable and you related to these terms and conditions shall be resolved exclusively by the state and federal courts of the State of Florida.
5. This Web site can be accessed from the United Stated and other countries worldwide. Since the laws of each State or country may differ, you agree that the statutes and laws of the State of Florida, without regard to any principles of conflicts of law, will apply to all matters relating to the use of this site.
6. Sharable makes no representation that material on this site is appropriate or available for use in other locations, and accessing them from territories where their content is illegal is prohibited. Those who choose to access the site from other locations do so on their own initiative and are responsible for compliance with local laws.
   
   
7. Termination. These terms and conditions are effective unless and until modified as noted above, or terminated, at any time, by Sharable. If, in the sole discretion of Sharable, you fail to comply with these terms and conditions, Sharable may terminate these terms and conditions without notice and deny you access to the Site.
   
   
8. Contact Information. Sharable LLC is headquartered in Melbourne, Florida, in the United States of America.

Corporate Headquarters
Sharable LLC
446 Riverview Ln 
Melbourne Beach, FL 32951

1. DEFINITIONS. In addition to the defined terms contained elsewhere in this agreement, the following capitalized terms shall have the indicated meanings:

• “Financial Institution” means the financial institution where the Member’s Sharing Account is held. The Financial Institution will be designated by Sharable in its sole discretion, and is subject to change from time to time, but Sharable and/or Impact will notify you if it changes. Currently the Financial Institution is America’s Christian Credit Union based in Glendora, California (americaschristiancu.com).

• “FBO Account” is a depository bank account held at the Financial Institution for the benefit of all members of Impact participating in the health sharing program. The FBO Account is a single bank account that contains the shared funds of all Impact members, including those funds allocated to your Account.

• “Account” or “Virtual Sharing Account” means your Sharable account, which is a virtual sub-ledger account representing your portion of the total sharing funds of all Impact members that may be used for qualifying medical expenses. All funds reflected in your Account are held in the FBO Account.

• “Monthly Share Amount” means your required monthly contribution to the FBO Account, as determined by Impact and communicated to you through the Sharable Platform.

• “Total Share Amount Due” will include the current Monthly Share Amount, past due amounts, related service fees and any optional amounts that you designate from time to time.

2. ACCESSING YOUR ACCOUNT

• Identification Required to Activate Your Sharable Account. To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions (or their Authorized Agents) to obtain, verify and record information that identifies each person who activates an account. When activating your account, we will use your name, address, date of birth, and other information that will allow us to identify you.
  
  
• Your Account Is Protected. Sharable Accounts held at America’s Christian Credit Union are Federally insured against failure of the financial institution by the National Credit Union Administration up to $250,000 per account. Additional savings protection up to $200,000 per account is provided by American Share Insurance (www.americanshare.com) for qualifying accounts.
  
  
• Sharable Platform. The Sharable Platform gives you access to your Account for use in conjunction with your Impact membership and associated heath sharing activities. The Sharable Platform allows you to view your available funds, transaction history, and any outstanding contribution obligations. Through the Sharable Platform you may initiate fund transfers from your external bank account into the FBO Account (resulting in a corresponding credit to your Account), as well as authorize transfers to or from other Impact members. Your Account will also show you funds shared (transferred) from your Account to the Account of fellow Impact Members for payment to their health care providers.

• When you sign up for the Sharable Platform, you will choose a user name and password or obtain similar account credentials from Impact or from Sharable. You agree to keep such credentials confidential and not give these credentials to anyone else or allow anyone else to use or access the Sharable Platform.

• Member Requirements. The Sharable Platform is made available by Sharable for registered members of Impact. In addition, by opening and activating your Sharable account, you will be deemed an account holder at the Financial Institution and a beneficiary of the FBO Account for as long as you are a Impact member. Accordingly, you may be required to agree to separate terms and conditions applicable to the Financial Institution’s account holders. You also understand that the Financial Institution may send you notices, disclosures, and other materials from time to time, as may be required or permitted by any laws or regulations to which the Financial Institution is subject.

• Transferring Funds. The Sharable Platform allows you to initiate and track several different kinds of transactions, including but not limited to the following:

• Transfers from External Bank. This authorizes a transfer from your personal bank account held at any bank to the FBO Account. You will be required to enter the correct routing number and account number for your external bank account during setup. Upon a successful transfer your Account will be credited with the amount you contributed to the FBO Account.

• Total Monthly Share Amount. Members will use the Sharable Platform to transfer their Total Share Amount Due from their External Bank to their Account. Members may manually transfer the Total Share Amount Due each month or configure the Sharable Platform to make recurring transfers for the Total Share Amount Due on their behalf.

• Member-to-Member Transfers. The Sharable Platform enables Members to initiate or automate member-to-member transfers for the purpose of medical sharing. Through a member-to-member transfer you authorize a transfer from your Account to another Impact member’s Sharable account. Your Account will be debited, and the other member’s account will be credited in the amount of the transfer.

• Payments to Medical Providers. If you have an eligible medical bill, other members will be identified by Sharable to transfer funds to your Account. Once the Approved Shared Amount is collected in your Account, payment to your doctor or other medical provider will be made on your behalf. The Approved Shared Amount will be deducted from your Account, and the funds will be used solely to pay the medical provider using the methods in place at the time of payment.

• EFT Authorization. You hereby authorize Sharable to initiate monthly withdrawals from your external bank account for the Total Share Amount Due at the time that the withdrawal is initiated. This authority will remain in full force and effect until (a) you terminate this authority through the Sharable Platform, (b) we receive notice from Impact that you have terminated this authority, or (c) you cancel your Account. The “Electronic Funds Transfer Agreement” below will apply to these transfers.

• You understand and agree that Sharable only provides a technology platform, information, management tools, and customer support services for your Account on behalf of Impact but is not involved in processing any payments or executing any fund transfers, other than to communicate your payment instructions to the Financial Institution. All payment transactions and inter-account fund transfers are processed by the Financial Institution or its service providers, except in the case of member-to-member transfers. Sharable will not be held liable for any errors involving payment transactions, funds transfers, or availability of funds caused by other parties. YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT SHARABLE WILL HAVE NO LIABILITY WHATSOEVER FOR TRANSACTIONS AND TRANSFERS YOU REQUEST OR INITIATE OR INFORMATION PROVIDED BY YOU OR ANY THIRD PARTY (INCLUDING WITHOUT LIMITATION IMPACT), UNLESS THE LOSS WAS DIRECTLY CAUSED BY SHARABLE’S ERROR. WITHOUT LIMITING THE FOREGOING, AND NOTWITHSTANDING ANY OTHER PROVISION OF THESE TERMS, SHARABLE WILL NOT BE RESPONSIBLE FOR ANY TRANSACTION OR PROCESSING ERRORS CAUSED BY OTHER PARTIES, OR ANY RESULTING FEES, PENALTIES, OR COSTS, INCLUDING THOSE ISSUES THAT MAY ARISE FROM INACCURATE ACCOUNT INFORMATION, EXCEPT FOR ERRORS DIRECTLY CAUSED BY SHARABLE.

3. America’s Christian Credit Union Agreement. America’s Christian Credit Union (ACCU) has agreed to serve as the custodian of all Member funds and accounts required for participating in Impact Health Sharing. By accepting the terms and conditions of this agreement, you are opening a Virtual Sharing Account. Funds in your Sharable Account and the accounts of others are physically held at America’s Christian Credit Union in an FBO Custodial Account “For the Benefit of Impact Health Sharing Members.”
   
   You agree that:
   • Impact Health Sharing or its authorized service provider is authorized to initiate requests and process payment transfers to medical service providers and health care institutions on your behalf.
   • Impact Health Sharing or its authorized service provider is authorized to deposit funds into and initiate transfers from your Sharable Account per the Impact Health Sharing Guidelines.
   • Impact Health Sharing or its authorized service provider is authorized to receive information updates and will be granted access to the Sharable Account set-up for your benefit.
   • You agree to permit Impact Health Sharing or its authorized service provider to conduct health care sharing activities, generate electronic requests, initiate transactions, accept transactions and process payments for your benefit and per the Impact Health Sharing Guidelines.
   • Access to and use of your Sharable Account may be revoked in the event you withdraw from the Impact Health Sharing program or your membership is terminated by Impact Health Sharing.
   • In the event ACCU resigns or no longer serves as the custodial agent for your Sharable Account, a successor custodial agent will be appointed by ACCU and you acknowledge and consent to the movement of funds to another Financial Institution.
   • In the event that Sharable changes the FBO account structure, or the Virtual Sharing Account structure, or moves the FBO account to a different or additional Financial Institution, such as would be the case if ACCU resigns or no longer serves as the custodial agent for your Sharable Account, you agree that the entire balance of your Sharable Account may be transferred to the new FBO account structure or Financial Institution to facilitate sharing consistent with the terms of this Agreement. You also acknowledge that you may need to sign new disclosures that are specific to the new Financial Institution in order to remain a member of Impact.
   • You acknowledge that ACCU is not responsible for transactions and transfers authorized by Impact Health Sharing or implemented by its authorized Service Provider, when transferring funds from your Sharable Account under the Impact Health Sharing program.

Impact Health Sharing, Inc. (“Impact") and Sharable, LLC (“Sharable”) make this disclosure in compliance with federal law regulating electronic funds transfer (EFT) services. Electronic funds transfers are electronic transfers of money to or from your Sharable account with us. This Agreement states your and our rights and responsibilities for electronic fund transfers. In this Agreement, the words “you” and “your” mean each and all who sign as applicants and any users of the service. The words “we”, “us” and “our” mean the Financial Institution (or Sharable acting on behalf of the Financial Institution, as applicable). Other capitalized terms used but not defined herein shall have the meanings ascribed to them in the Sharable Platform Terms & Conditions.

1. EFT Authorization. You hereby authorize Sharable to initiate monthly withdrawals from your external bank account for the Total Share Amount Due at the time that the withdrawal is initiated. This may also include past due amounts, service fees, and any optional amounts that you designate from time to time. You hereby authorize your bank or credit union to debit the amount of the withdrawal from your external account. This authority will remain in full force and effect until (a) you terminate this authority through the Sharable Platform, (b) we receive notice from Impact that you have terminated this authority, or (c) you cancel your Account. These recurring, preauthorized electronic funds transfers will be made using the Automated Clearing House (ACH) or other payment network.
   
   
2. EFT services are available through the Sharable Platform using your Impact member login.

3. Types of Transfers. You may use the EFT services with your account information to:

• Set up or modify your external bank account used to fund your Account
• View balance information and transactions on your Account

4. Fees. We do not charge a fee for accessing account information online or through the Sharable Platform. We also do not charge a fee for preauthorized EFTs. However, Impact or we may charge additional fees in certain situations where a transfer is returned if:

• the payment is rejected due to insufficient or uncollected funds
• your account was closed
• your account was sold to another financial institution
• your account was frozen by your financial institution or through legal action

5. Consumer Liability. Tell us AT ONCE if you believe your information or credentials providing access to your account which can be used to initiate or authorize transfers using the EFT service have been lost or stolen, if your online statement shows transfers you believe are not made on your behalf, or if you believe that an electronic fund transfer has been made through the EFT service without your permission. Promptly email this information to eft@Sharable.life.
   
   If you notify us within two (2) business days after you recognize the suspicious activity, you can lose no more than $50 if someone used your information or credentials with the EFT service without your permission.
   
   If you do NOT tell us within two (2) business days after you recognize the suspicious activity and we can prove we could have stopped someone from using your information or credentials with the EFT service without your permission if you had told us, you could lose as much as $500.
   
   If you do NOT tell us within sixty (60) days after you recognize the suspicious activity and we can prove that we could have stopped someone from taking the money if you had told us in time, you may not get back any of the money you lost. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.

1. Business Days. For the purpose of these disclosures, our business days are Monday through Friday, excluding federal holidays and other days on which banks are generally closed in the United States.

1. Confidentiality. We will disclose information to third parties about your account or the transfers you make: (a) To complete transfers as necessary; (b) To verify the existence and condition of your account upon the request of a third party, such as a credit bureau or merchant; (c) To comply with government agency or court orders; or (d) If you give us written permission.

1. Preauthorized Payments. You have authorized Sharable to initiate monthly withdrawals from your external bank account for the Total Share Amount Due at the time that the withdrawal is initiated. This authority will remain in full force and effect until (a) you terminate this authority through the Sharable Platform, (b) we receive notice from Impact that you have terminated this authority, or (c) you cancel your Account.
   
   
2. Notice of Varying Amount. The Total Share Amount Due might vary in amount from month to month as it may include past due amounts, related service fees and any optional amounts that you designate from time to time. This amount is available to you on the Sharable Platform.
   
   
3. Our Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, our sole remedy is to correct the failure. We will not be liable for any of your fees, losses, damages, penalties, or costs.