System and method for real-time screening of a disability insurance applicant

A system for real-time processing of an request for a product, the system comprising:

• a transceiver coupled to an electronic communications network;
• and
• an electronic processing element coupled to the transceiver and configured to—
• receive via the transceiver, data associated with the request including information about an individual associated with the application,
• automatically calculate a body mass index number of the individual based upon the information about the individual,
• automatically reject the request if the body mass index of the individual is below a minimum threshold or above a maximum threshold,
• obtain, via the transceiver, a prescription drug history of the individual stored in a database of a third-party information provider,
• automatically reject the request if the prescription drug history of the individual shows that the individual uses one or more specific drugs, and
• automatically transmit real-time results of the processing to a mobile device of the individual over the electronic communications network via the transceiver, the real-time results including one of an acceptance or a rejection of the request.

A non-transitory computer readable storage medium with a computer program stored thereon for real-time processing of a request for a product, wherein the computer program is configured to instruct an electronic processing element to perform actions comprising:

• receiving via an electronic communications network, data associated with the request including information about an individual associated with the request;
• automatically calculating a body mass index number of the individual based upon the information about the individual;
• automatically rejecting the request if the body mass index of the individual is below a minimum threshold or above a maximum threshold;
• obtaining, via the electronic communications network, a prescription drug history of the individual stored in a database of a third-party information provider;
• automatically rejecting the request if the prescription drug history of the individual shows that the individual uses one or more specific drugs;
• and
• automatically transmitting real-time results of the processing to a mobile device of the individual over the electronic communications network via a transceiver in communication with the electronic processing element, the real-time results including one of an acceptance or a rejection of the request.