Systems and methods for managing long-term care insurance using devices populated within a property

US10089695B1 · kind B1 · utility

Assignee

• State Farm Mutual Automobile Insurance Company · US

Inventors

• Jeremy Myers · Normal, US
• Brittany Boyer · Roswell, US
• Dana C. Hunt · Bloomington, US
• David Turrentine · Normal, US
• Larry Ingrum · Mahomet, US
• Erin Ann Olander · Lincoln, US
• Nicole M. Blakney · Bloomington, US
• Aaron Williams · Congerville, US

Key dates

• Filing date: Sep 3, 2015
• Grant date: Oct 2, 2018
• Expiry date: Jan 31, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G16H40/20
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for managing a long-term care insurance policy associated with a property are provided. According to certain aspects, configuration data associated with a component installed within the property may be received and analyzed to determine that the component is not included in a long-term care insurance policy of the property. The component may be analyzed to determine a discount associated with the long-term care insurance policy, and the discount may then be applied to the long-term care insurance policy.