Share India acquired IRDAI license for insurance broking business in Share India Insurance Brokers Pvt. Ltd. Company is currently in progress to set up its insurance distribution channel.

Share India has tied up with various insurance companies to design and underwrite customized products for clients. Share India offers wide range of products through insurance broking.

Insurance Solutions Offerings

Life – Individual Term Insurance
  • Term insurance is the life insurance policy that provides coverage for specified period of time.
  • Term insurance is the tool to fulfill the financial commitments in case of untimely death of the bread earner of the family. It helps your family to settle in your absence.
  • In the unfortunate even of death or disability the nominee receives the sum insured to cope up with financial loss caused.
Endowment Insurance

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death.

Participating Endowment Plan

These are endowment plans in which the policyholder is a participant in the insurance company’s growth where company gives small portion of its profits to the policy holder in form of bonus.

Non-Participating Endowment Plan

These are policies in which the policyholder does not get a part of the company’s profits, Returns earned are guaranteed in such plans & are pre decided by the insurance companies.

Whole Life or full endowment policy

This kind of policy covers your entire life – up to 100 years – with a basic sum assured. Bonuses are added to the death or maturity benefits as and when your account makes profits.

Money Back Plans

Money back endowment plans ensure that you get regular returns from your investment instead of a lump sum at the end of the policy period or at death.

  • Unit Linked Insurance Plan or ULIP are types of insurance plans which not only offers you protection but also helps you maximize your savings over a period of time by investing a part of your premiums in a mix of debt and equity.
  • ULIP plans helps you to stay connected with market and earn and grow as per the markets.
Retirement Plans

Retirement plans the most common name used for it is “Pension Plan” that allows the individual to allocates the part of income which is accumulated over a period of time which can be used in the period of retirement.

Deferred Annuity

These are the pension plans in which the annuity starts after a certain date. It can be further divided into the following:

  • Accumulation phase- It is the phase when you start investing and accumulating cash and commences from the date when you first time pay premium.
  • Vesting phase- It is the date from which you will start getting the policy benefits in the form of pension.
Immediate Annuity
  • There is no accumulation phase and the plan starts working right from the vesting phase. It is purchased with a lump sum and the annuity payment starts immediately either for a limited tenure or lifetime.
Cancer care Plans
  • With rising rates of medical cost for the cancer & the rate in which it is increasing, it is advisable to get a cancer care plan.
  • Cancer care plans helps you & your family to cope up with emotional & financial stress on diagnosis of Cancer.
Life – Corporate Keyman Insurance
  • Term insurance is the life insurance policy that provides coverage for specified period of time.
  • Term insurance is the tool to fulfill the financial commitments in case of untimely death of the bread earner of the family. It helps your family to settle in your absence.
  • In the unfortunate even of death or disability the nominee receives the sum insured to cope up with financial loss caused.
Life – Corporate Keyman Insurance
  • Keyman insurance is defined as an insurance policy where the proposer as well as the premium payer is the employer, the life to be insured is that of the employee and the benefit, in case of a claim, goes to the employer.
  • The `keyman’ or ‘key person’ would be any person employed by a company having a special skill set or substantial responsibilities and who contributes significantly to the profits of that organization.
  • Keyman Insurance is important for the organization incase the key employees in whose absence can cause a pause in smooth going of the organization.
  • As per the law laid by the Government of India, both private and government sectors employees are entitled to receive social security benefits on their retirement or when they leave the job.
  • Gratuity is a monetary benefit given by the employer to his employee at the time of retirement.
  • It is a defined benefit plan where no contributions are made by the employee.

Superannuation refers to the retirement benefit offered to the working class. In India, there are two types of superannuation benefits:

Defined Benefit Plans:

This type of group superannuation scheme have a defined benefit which is fixed and known to the employees based on their service, rank and final salary.

Defined Contribution Plans:

These schemes are better to manage as the final benefit is directly correlated with the contributions of employers and employees.

Leave Encashment
  • This compels the employer to compensate the unutilized paid leave of the employees.
Group Term Insurance
  • Group term life insurance is a type of term insurance whereby the insurer issues the employer a master contract with coverage extended to employees.
  • Group term life insurance is relatively inexpensive compared to individual life insurance.
  • As a result, participation is high. It is commonly a component of a comprehensive benefits package.
Non- Life Individual Health Insurance

“He who has health has hope; and he who has hope has everything”

  • Health Insurance (popularly known as Medi-claim Policy) provides risk coverage against expenditure which is caused by unforeseen medical emergencies, providing a financial Back Bone.
  • Health insurance therefore, can be a source of support & back up, as it takes care of the financial burden your family may have to go through.
Family Floater Health Insurance
  • This plan covers the individual from all the unplanned hospitalization expenses.
  • In a Family Floater plan, the whole family is insured for a fixed sum insured value.
Individual Health Insurance
  • This plan covers the individual from all the unplanned hospitalization expenses.
Senior Citizen Health Insurance
  • Turning sixty is a major milestone. It's the time to start being more careful about one's health as a medical emergency can result in financial crunch.
  • Senior Citizen insurance plans can help you which are designed exclusively for them.
Critical Illness Insurance
  • A critical insurance covers the insured from the insured against the life-threatening critical illnesses such as cancer, heart attack etc.
Personal Accidental Insurance
  • Accidents are uncertain but certainly it can impact your life in many ways.
  • To protect the impact financially personal accidental policy is the solution.
  • Personal Accident insurance or PA insurance is an annual policy which provides compensation in the event of injuries, disability or death caused solely by violent, accidental, external and visible events.
  • It is different from life insurance and medical & health insurance.
Global Health Insurance
  • A Global Health insurance provides coverage against any kind of medical / health emergencies when you are flying overseas.
  • Overseas medical treatment is usually expensive & bearing it alone financially exhausting task.
  • But having an insurance policy that provides coverage for your medical treatment cost seems like an ideal deal.
Home Insurance

“There is nothing more important than a good, safe, secure home.”

  • Home Insurance helps to secure your home from unfortunate events like burglary, fire, earthquake or destruction of house due to riots etc.
Motor Insurance

Car insurance is not just the law, it’s your liability.

  • Motor or vehicle insurance is an insurance policy that protects the owner of the vehicle against any financial loss arising out of damage or theft of vehicle.
  • Motor vehicle coverage also includes damage caused to third party or property.
  • Motor Insurance is mandatory in India.
  • Motor Insurance is available for both cars and two wheelers.
Third Party Insurance
  • As per the Motor Vehicles Act, it is mandatory for every car owner to have a 3rd party insurance. This coverage pays for any damage to 3rd party property, vehicle, or person.
Comprehensive Insurance
  • Apart from a road accident, there are many other ways in which a vehicle can be damaged.
  • A comprehensive cover would protect your vehicle from damages such as fire & explosion, personal accident, theft, calamities etc.
Package Policy
  • Package Policy = Liability Only Policy + Damage to owner’s Vehicle usually called O.D Cover + Add On Covers.
  • Add on covers such as zero depreciation, road side assistance, consumables, return to invoice etc.
Travel Insurance

“We travel not to escape life, but for life not to escape us”

  • Travel insurance / Overseas Medi-claim policy is a basic requirement when one travels abroad, either its business sight-seeing shopping or pleasure or holidays.
  • Travel Insurance is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or domestically.
Non – Life Corporate Corporate Health Insurance Group Medical Insurance
  • A group health insurance plan is a health insurance plan that provides coverage to members of a group that tends to be employees of a company or members of an organization.
  • Members of the group usually receive insurance at a reduced cost because the insurer's risk is spread across a group of policyholders.
  • Group Health Insurance also called as Group Mediclaim in India is primarily cashless hospitalization coverage for your employees and their families.
  • Main benefit are
    • Pre-Existing Illness Coverage from Day 1
    • Maternity Coverage from Day 1
    • Day 1 Baby Coverage, etc.
  • Periodic Addition/Deletion is possible on pro-rata basis. Groups of minimum 10 employess and minimum 25 members can be covered.
Group Personal Accident
  • Considering the lifestyle today, every employee in your organization is exposed to various risks of accidental death and disability, specifically at work and while traveling to and fro the work place.
  • In case of any such event actually happening, the Employer has a moral duty to provide compensation, hence in our opinion; this cover becomes one of the most critical covers for employees.
  • A Group Personal Accident Policy provides worldwide comprehensive lump sum coverage to your staff from risks of accidental death and disability.
Commercial Vehicles
  • A commercial vehicle is any type of motor vehicle used for transporting goods or paying passengers.
  • They are classified as Goods Carrying vehicle or Passenger Carrying vehicle.
  • As per IRDA, Third Party Insurance is mandatory & also Permit is mandatory.
  • Eg.Trucks, Passenger Carrying Bus, School Buses.
Liability Insurance Professional Indemnity or Error & Omission
  • Professionals need to protect their business interests against legal claims for error, omissions, professional neglect for both the principles and their employees.
  • Policy is meant for-
    • Doctors and medical practitioners
    • Medical establishments
    • Engineers, architects and interior decorators.
    • Lawyers, advocates, solicitors and counsels.
    • Chartered accountants, financial accountants, management consultants.
D & O for Corporates
  • The D&O policy provides cover for the personal liability of Directors and Officers arising due to wrongful acts in their managerial capacity.
  • Defence costs are also covered and are payable in advance of final judgment.
  • This policy provides protection for claims brought against directors, officers and employees for actual or alleged breach of duty, neglect, misstatements or errors in their managerial capacity.
Commercial General Liability
  • Commercial general liability (CGL) is a type of insurance policy that provides coverage to a business for bodily injury, personal injury and property damage caused by the business’ operations, products, or injury that occurs on the business’ premises.
  • Commercial general liability is considered comprehensive business insurance, though it does not cover all risks a business may face.
Industrial Insurance
Fire Policy
  • Your office/plant is your showcase to the world. You manage and maintain your office/plant with lot of detail, passion and money.
  • A major fire can result in a disaster for a business to the extent that many companies never recover. The importance of having a fire insurance policy cannot be over emphasized.
  • Fire Insurance covers your office's structure and contents not only against the risk of fire but also other perils like lightning, flood, storm, earthquake, riots, terrorism etc.
Machinery Breakdown Policy
  • The unexpected occurrences of Machinery Breakdown can damage machinery and cause expensive production delays or interrupt cash flow.
  • MBD covers the breakdown of machinery due to various perils.
  • MBD Policy is indispensable for businesses that operate using a large number of machines.
  • The breakdown of a single machine may bring the operations of the factory to a standstill.
  • MBD policy covers monetary costs involved in restoration or replacement of machines.
Electronic Equipment Policy
  • The term electronic equipment is used for all systems which generally require very low voltage and power eg. Laptops, UPS, Batteries, Computers etc.
  • This equipmentis generally quiet in their operation.
  • EEI Policy protects the Owner, Lessor or Hirer (where responsible either legally or through a leasing agreement) of electronic equipment.
Burglary Policy
  • This policy covers property contained in business premises, stocks owned or held in trust against the risk of burglary.
  • It also covers cash, valuables, securities kept in a locked safe or cash box in locked steel cupboard on specific request.
Commercial Insurance Products Marine Cargo Policy
  • Marine cargo insurance is a class of property insurance that insures property while in transit against loss or damage arising from perils associated with the navigation of the sea or air and subsequent land and inland waterways.
Bankers Indemnity
  • Bankers indemnity policy is available to protect bankers against loss.
  • Financial institutes and other organizations may opt for bankers indemnity insurance to safeguard in the following instances:
    • Of Money or securities belonging or held in trust
    • In transit
    • By forging or alteration
    • By dishonesty, etc.
Marine Cargo Hull
  • Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination.
Neon Sign Insurance
  • The main way for promoting business & trading is through advertisements & publicity.
  • Advertisement through Neon Sign Boards helps to grab passerby’s attention.
  • However, they are at a great risk as they are exposed in public properties where they can be damaged due to fire, natural perils, riot or strike, arson and the like due to their location and prominence.
  • This policy covers Neon Sign against loss or damage due to fire, theft or fortuitous events.
Fidelity Guaranteed Policy
  • In business world, Frauds & dishonesty are the contractual obligations which may affect the image of the business/ organization.
  • To safe guard against the risk of frauds & dishonesty of few people, Fidelity Guaranteed insurance ensures that organization do not suffer due to it.
  • Fidelityguaranteed insurance policy covers monetary loss sustained as a result of any act of fraud or dishonesty committed by the employees in the course of performance of their duties.
Shopkeepers Policy
  • Business continuation is the base for the survival of business & providing financial stability for its owner to secure its livelihood.
  • Shopkeepers Policy is used to safe guard the small & medium sized shop owners from various risks related to its shop & contents for for e.g. fire, burglary, money, machinery & equipment breakdown
Jewelers Block Policy
  • Covers loss or damage to jewelry, gold and silver ornaments or plates , pearls, precious stones, cash and currency notes whilst contained in the premises insured, by fire, explosion, lightning, burglary, house breaking, theft, hold up, robbery, riot, strike and malicious damage and terrorism.
Contractors All Risk Policy
  • Construction is the most risk prone industry, where accidents including personal injuries & property damages are very frequent and may cost huge and can lead to disturbance in the plans and schedules.
  • A CAR policy covers the physical damage to materials to be used for the project - whether in transit, in storage or forming part of the contract works.
  • There is also an ancillary cover up to moderate limits for third party liabilities.
  • It is a main feature of the CAR policy to cover those who have an immediate material interest in the project. That includes the owner, the contractor and usually all sub-contractors.

Attention Investors

  • Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • Pay 20% upfront margin of the transaction value to trade in cash market segment.
  • Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
  • Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors

Please note that various non-broking services viz. Insurance, Mutual Funds, IPO, NBFC, and Merchant Banking etc. being offered by us through this website are not Exchange traded product/(s)/services. Share India group of companies is just acting as distributor/agent of Insurance, Mutual Funds and IPOs. You may please also note that all disputes with respect to the distribution activity would not have access to Exchange investor redressal or Arbitration mechanism.

Investors Grievances may be mailed to
Membership Nos. NSE -10798 BSE Clg. No.-0226, MCX-56190, NCDEX-1256,ICEX-2078,
CDSL DP Id - 38000 , AMFI ARN-78041
SEBI Regn Nos. Stock/Commodity - INZ000178336, CDSL-IN-DP-32-2015, Research Analyst - INH100005011,
Portfolio Manager -INP000005926, Merchant Banker INM000012537
CIN : L67120GJ1994PLC115132
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Advisory - KYC Compliance

  • All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
  • Investors may contact their respective stockbrokers / depository participants for updation of details in their trading / demat account.
  • The last date to update KYC is on or before March 31, 2022.
  • Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
  • The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.
  • On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, the blocked trading accounts shall be unblocked by the Exchange on T+1 trading day.
  • The demat account shall be unfreezed once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
  • To ensure smooth settlement, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
  • The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.