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, by a first party, a particular article of personal property to said customer;
selling, by said first party, a service contract to said customer, said service contract providing protection against the mechanical breakdown or other failure of said article of personal property; and
in response to said customer purchasing said service contract, providing, at no cost to said customer, insurance coverage that protects said customer against one or more events selected from a group consisting of;
(A) loss of said article of personal property, (B) theft of said article of personal property, and (C) other named perils associated with said article of personal property, wherein;
said service contract is provided by a first provider and said insurance coverage is provided by a second provider, said first and second providers being different entities, andsaid insurance coverage is provided at no cost to said customer due to the fact that said insurance coverage is paid for by said first party.
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.
30 Citations
25 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, by a first party, a particular article of personal property to said customer; selling, by said first party, a service contract to said customer, said service contract providing protection against the mechanical breakdown or other failure of said article of personal property; and in response to said customer purchasing said service contract, providing, at no cost to said customer, insurance coverage that protects said customer against one or more events selected from a group consisting of;
(A) loss of said article of personal property, (B) theft of said article of personal property, and (C) other named perils associated with said article of personal property, wherein;said service contract is provided by a first provider and said insurance coverage is provided by a second provider, said first and second providers being different entities, and said insurance coverage is provided at no cost to said customer due to the fact that said insurance coverage is paid for by said first party. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A unified property protection program comprising:
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a service contract that is paid for by a first entity, said service contract providing protection against the mechanical breakdown or other failure of a particular article of personal property; and insurance coverage that is paid for by a second entity, said insurance coverage providing protection against one or more events selected from a group consisting of;
(A) loss of said article of personal property, (B) theft of said article of personal property, and (C) other named perils associated with said article of personal property, wherein;said property protection program is referenced by a single identification indicia, and said service contract and said insurance coverage are provided by two separate providers. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22)
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23. A method of providing insurance coverage for a wireless device, said method comprising:
in response to an individual purchasing both said wireless device and a service contract covering said wireless device, providing said insurance coverage to said individual at no cost to said individual, wherein; said step of providing said insurance coverage is performed by a wireless carrier associated with said wireless device. - View Dependent Claims (24, 25)
Specification