×

Method, system and apparatus for forming an insurance program

  • US 20040030589A1
  • Filed: 06/25/2003
  • Published: 02/12/2004
  • Est. Priority Date: 06/27/2002
  • Status: Abandoned Application
First Claim
Patent Images

1. A method for forming an insurance plan for an individual comprising the steps of:

  • a) determining a life expectancy of an individual;

    b) obtaining a quote for at least one life insurance policy for said individual;

    c) obtaining a quote for at least one reinsurance policy for said individual;

    d) determining the cost of insuring said individual through said individual'"'"'s life expectancy plus a grace period;

    e) determining the cost of reinsuring said individual for a period beyond their life expectancy plus said grace period; and

    f) selecting an insurance plan for said individual utilizing one of said life insurance policies and one of said reinsurance policies.

View all claims
  • 3 Assignments
Timeline View
Assignment View
    ×
    ×