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System and method for arranging shipment and insurance for an item

  • US 20020120475A1
  • Filed: 11/07/2001
  • Published: 08/29/2002
  • Est. Priority Date: 09/28/2000
  • Status: Active Grant
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1. A method for arranging insurance for an item, wherein the method comprises:

  • receiving a request to insure the item being shipped from an origination to a final destination;

    searching a database for a cost effective insurer, wherein the cost effective insurance provides a specified level of insurance coverage for the item;

    generating a data file comprising at least the following;

    item information, and insurer information; and

    storing the data file in a memory device that accompanies the item.

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