Exercise body monitor with functions to verify individual policy holder and wear of the same, and a business model for a discounted insurance premium for policy holder wearing the same
First Claim
1. An exercise monitor, comprising:
- a motion sensor adapted to measure an exercise motion of a user;
identity check means for verifying said user'"'"'s identity, said identity check means operable in an active mode; and
recording means for recording an output data of said motion sensor;
wherein said recording means records said exercise motion as valid data only after said identity check means has verified said user'"'"'s identity when said identity check means is operated in said active mode.
2 Assignments
0 Petitions
Accused Products
Abstract
An exercise monitor including means to accurately record exercise performed by an insured individual and to generate data needed to calculate an insurance premium. Included are the functions of verifying the person'"'"'s identity, verifying that he or she is actually wearing the monitor, and allowing a user to self-report his or her encrypted data. Insured clients use inexpensive exercise monitors like pedometers that encourage them to exercise. If a client wears the pedometer and it records results that meet given criteria, the insurance company gives him or her a discount on his or her insurance premium. In this way the insurance company provides an inducement for the insured to adopt a more healthy and active lifestyle. The invention includes a business system to control insurance premiums that enables the company to assume a dominant position with respect to its competitors.
417 Citations
25 Claims
-
1. An exercise monitor, comprising:
-
a motion sensor adapted to measure an exercise motion of a user;
identity check means for verifying said user'"'"'s identity, said identity check means operable in an active mode; and
recording means for recording an output data of said motion sensor;
wherein said recording means records said exercise motion as valid data only after said identity check means has verified said user'"'"'s identity when said identity check means is operated in said active mode. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
-
-
20. An insurance premium management system which provides a predetermined amount of benefits to an insured person who is recognized by an insurance company as an insured person who has achieved a predetermined amount of exercise, and thereby reduces medical expenses of said insured person, by using an exercise monitor to recognize that said insured person has achieved said predetermined amount of exercise, said exercise monitor;
- comprising;
a motion sensor adapted to measure an exercise motion of a user;
identity check means for verifying said user'"'"'s identity, said identity check means operable in an active mode; and
recording means for recording an output data of said motion sensor;
wherein said recording means records said exercise motion as a valid data only after said identity check means has verified said user'"'"'s identity when said identity check means is operated in said active mode. - View Dependent Claims (21, 22, 23, 24, 25)
- comprising;
Specification