×

METHODS FOR SELLING INSURANCE USING RAPID DECISION TERM

  • US 20090182584A1
  • Filed: 01/14/2008
  • Published: 07/16/2009
  • Est. Priority Date: 01/14/2008
  • Status: Active Grant
First Claim
Patent Images

1. A method of providing life insurance, the method comprising:

  • receiving identification information and underwriting information associated with a person on an application for life insurance covering the person'"'"'s life;

    performing at least one database query based on the underwriting information to produce a query result;

    determining that the person qualifies for the life insurance based on the query result;

    providing the life insurance from a life insurance provider, the life insurance having a first face amount, a first premium amount, and a term;

    providing life insurance coverage at the first face amount for the first premium amount without requiring medical test results associated with the person any time during the term; and

    modifying the life insurance during the term if the medical test results associated with the person are received and are satisfactory, wherein modifying the life insurance includes at least one of increasing the face amount, decreasing the premium amount, and extending the term.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×