Systems and methods for providing insurance and non-insurance products
First Claim
1. A method of providing insurance to a customer, said method comprising the steps of:
- selling a service contract to said customer, said service contract providing protection against the mechanical breakdown or other failure of an item; and
in response to said customer purchasing said service contract, providing, at no cost to said customer, insurance coverage that protects said customer against damage or other loss to said item.
2 Assignments
0 Petitions
Accused Products
Abstract
A method of providing insurance to a customer that comprises the steps of: (1) selling a service contract to the customer that provides protection against the mechanical breakdown or other failure of an item (and in some cases, accidental damage); and (2) in response to the customer purchasing the service contract, providing, at no cost to the customer, third-party-paid insurance coverage that protects the customer against damage to the item, which, in some cases, includes accidental damage. In one embodiment of the invention, the step of providing the third-party-paid insurance coverage is done in order to permit the provision of insurance without the use of a licensed insurance agent.
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Citations
30 Claims
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1. A method of providing insurance to a customer, said method comprising the steps of:
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selling a service contract to said customer, said service contract providing protection against the mechanical breakdown or other failure of an item; and
in response to said customer purchasing said service contract, providing, at no cost to said customer, insurance coverage that protects said customer against damage or other loss to said item. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method of processing a request that an item be repaired or replaced, said method comprising:
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receiving said request at a central claim processing facility;
determining whether said item requires replacement or repair due to;
(1) an event covered under a service contract provided by a first provider, or (2) an event covered under an insurance policy provided by a second provider;
in response to determining that said item requires replacement or repair due to an event under said service contract, submitting a request to said first provider to process said item according to said service contract; and
in response to determining that said item requires replacement or repair due to loss under said insurance policy, submitting a request to said second provider to process said item according to said insurance policy. - View Dependent Claims (11, 12, 13, 14, 15, 16)
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17. A property protection program comprising:
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first property coverage that is paid for by a first entity; and
second property coverage that is paid for by a second entity. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30)
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Specification