Automated insurance policy application

• US 20020120474A1
• Filed: 11/06/2001
• Published: 08/29/2002
• Est. Priority Date: 11/06/2000
• Status: Abandoned Application

• Current Assignee: Worldinsure Ltd.
• Original Assignee: Worldinsure Ltd.
• Inventors: Hele, John C.R., Serflek, Christopher
• Application Number:
  US09/993,153
• Publication Number:
  US 20020120474A1
• Time in Patent Office: Days
• US Class Current: 705/4
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G07F 17/0014 for vending, access and use of specific services not covered anywhere else in G07F17/00 meter-controlled dispensing of liquid, gas or electricity G07F15/00

Abstract

Disclosed is an overall process for automatically providing policy documents for products of a plurality of insurance carriers. The appropriate completed document can be sent to the user based on the user'"'"'s selection of the product.

Claims

1. A machine-based method of providing a user life insurance policy comprising

determining information required to complete policy documents for a plurality of insurance carriers;

obtaining a user profile which includes the information;

receiving a selection from the user of an insurance carrier; and

automatically producing an electronic document by entering fields from the user profile into the policy document of the selected insurance carrier.

2. The method of claim 1 further comprising sending the electronic document to the user over the Internet.

3. The method of claim 2 further comprising obtaining a user signature for the electronic document.

4. The method of claim 3 further comprising providing the electronic document to the selected insurance carrier.

5. The method of claim 3 further comprising notifying the selected insurance carrier of the policy across the Internet.

6. The method of claim 1 in which at least some of the fields correspond to information obtained from a party other than the user.

7. The method of claim 6 wherein the party other than the user is a medical examiner.

8. The method of claim 6 wherein the party other than the user is a fraud-prevention agency.

9. The method of claim 6 wherein the party other than the user is a government agency.

10. The method of claim 1 further comprising, prior to receiving the user'"'"'s selection, sending the user a range of pricings for policies from the plurality of insurance carriers.

11. The method of claim 1 further comprising, prior to receiving the user'"'"'s selection, sending the user quotes, each quote being a price for a policy from one of the plurality of insurance carriers.

12. The method of claim 1 wherein at least part of the user profile is received from a partner site that is other than the user.

13. The method of claim 1 wherein the at least part of the user profile is received from the user in a step-wise process that includes receiving information pertaining to user risk prior to information pertaining to user identity.

15. The medium of claim 14 wherein at least some of the queries request information from a party other than the user.

16. The medium of claim 15 wherein the party other than the user is a medical examiner.

17. The method of claim 15 wherein the party other than the user is a fraud-prevention agency.

18. The method of claim 15 wherein the party other than the user is a government agency.

20. The article of claim 19 in which the instructions further cause the computer to send the electronic document to the user over the Internet.

21. The article of claim 19 in which the instructions further cause the computer to receive a user signature for the electronic document.

22. The article of claim 19 in which the instructions further cause the computer to send the electronic document to the selected insurance carrier.

23. The article of claim 21 in which the instructions further cause the computer to notify the selected insurance carrier of the policy across the Internet.

24. The article of claim 19 in which the instructions further cause the computer to query a party other than the user for at least some of the information.

14. A computer-readable medium having encoded thereon a set of computer-interpretable queries, each query corresponding to a field in a user profile, the set being sufficient to obtain information to complete forms required to issue an insurance policy for a plurality of insurance carriers.

19. An article of computer-readable medium comprising instructions for causing a computer to:

determine information required to complete policy documents for a plurality of insurance carriers;

receive a user profile which includes the information;

receive a selection from the user of an insurance carrier; and

automatically produce an electronic document by entering fields from the user profile into the policy document of the selected insurance carrier.