Method and system for processing data related to a life insurance policy having an accelerated benefit
US8296208B2 · kind B2 · utility
3Cited by
7References
24Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jun 6, 2011 |
| Grant date | Oct 23, 2012 |
| Priority date | — |
| Expiry date | Jun 6, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Disclosed is a novel insurance product that provides an accelerated death benefit to the insured individual. The insurance product contains a lifeaccess accelerated benefit feature that allows the insured individual to file a claim and receive benefits under a life insurance product if the insured individual becomes chronically or terminally ill.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.