System and method for providing insurance and financial benefits
OwnerCory Hall, Joel Harrisoninventors
Life of this patent
Estimating the term…
Abstract
A system and method of supplying insurance and financial benefits is provided. The method can include the step of entering into an insurance contract between a policyholder and an insurance provider. A beneficiary can be identified to be insured under the insurance contract and to receive selected benefits based on a significant health event for the policyholder. The selected benefits can be provided to the beneficiary upon an occurrence of the significant health event of the policyholder.
Claims26
A method of providing insurance and financial benefits, comprising:
- entering into an insurance contract between a policyholder and an insurance provider;
- identifying a beneficiary to be insured under the insurance contract and to receive selected benefits based on a significant health event for the policyholder;
- providing the selected benefits to the beneficiary upon an occurrence of the significant health event of the policyholder.
A method of providing insurance and financial benefits, comprising:
- executing an insurance contract between a policyholder and an insurance provider, where the insurance contract provides selected travel expenses and defined expenses to a beneficiary to the contract upon a significant health event of the policyholder;
- identifying the beneficiary;
- paying the selected travel expenses and defined expenses upon an occurrence of the significant health event of the policyholder.
An insurance system, comprising:
- an insurance provider capable of underwriting a closure investment insurance instrument;
- a policyholder designated in the closure investment insurance instrument, where the policyholder is capable of purchasing the closure investment insurance from the insurance provider;
- and
- at least one beneficiary designated in the closure investment insurance instrument by the policyholder to receive benefits upon the occurrence of a significant health event.
A method of providing insurance and financial benefits, comprising:
- entering into an insurance contract between a policyholder and an insurance provider;
- identifying a beneficiary to be insured under the insurance contract and to receive travel benefits based on a crisis event for the policyholder;
- providing the travel benefits to the beneficiary upon an occurrence of the crisis event for the policyholder.
A method of providing insurance and financial benefits, comprising:
- entering into an insurance contract between a policyholder and an insurance provider;
- identifying a beneficiary to be insured under the insurance contract and to receive selected benefits based on a death of the policyholder;
- providing the selected benefits to the beneficiary upon an occurrence of the death of the policyholder.
Dependencies are inferred from the claim text.