Emergency financial reserve accessible during a covered event

A method for providing a line-of-credit configured emergency financial reserve, the method comprising:

• receiving, at a computing device, terms of an emergency financial reserve agreement associated with a customer, wherein the terms provide for the customer to receive access to an emergency reserve line-of-credit based upon occurrence of one of one or more predetermined covered events and provide for an emergency reserve-providing entity to receive a fee from the customer in exchange for the emergency financial reserve;
• storing, at computing device memory, the terms of the emergency financial reserve agreement;
• receiving a covered event indication from the customer that indicates an occurrence of one of the one or more covered events;
• verifying the occurrence of the covered event and validity of the emergency financial reserve;
• and
• providing, via a computing device, the customer with access to a predetermined amount of funds from the emergency financial reserve line-of-credit for a predetermined interval based on the verification of the occurrence of the covered event and verification of the validity of the emergency financial reserve.

A method for providing an emergency financial reserve loan, the method comprising:

• receiving, at a computing device, terms of an emergency financial reserve agreement associated with a customer, wherein the terms provide for the customer to receive emergency reserve funds based upon occurrence of one of one or more predetermined covered events and provide for an emergency reserve-providing entity to receive a fee from the customer in exchange for the emergency financial reserve;
• storing, at computing device memory, the terms of the emergency financial reserve agreement;
• receiving a covered event indication from the customer that indicates an occurrence of one of the one or more covered events;
• verifying the occurrence of the covered event and validity of the emergency financial reserve;
• and
• providing, via a computing device, the customer with a predetermined amount of funds from the emergency financial reserve loan for a predetermined interval based on the verification of the occurrence of the covered event and verification of the validity of the emergency financial reserve.

An apparatus for providing an emergency financial reserve, the system comprising:

• a computing device including:
• a memory device;
• and
• a processing device operatively connected to the memory device and configured to:
• receive terms of an emergency financial reserve agreement associated with a customer, wherein the terms provide for the customer to receive emergency reserve funds or receive access to the emergency reserve funds based upon occurrence of one of one or more predetermined covered events and provide for an emergency reserve-providing entity to receive a fee from the customer in exchange for the emergency financial reserve,
• store the terms of the emergency financial reserve agreement in the memory device, and
• provide the customer with a predetermined amount of funds from the emergency financial reserve or access to a predetermined amount of funds from the emergency financial reserve for a predetermined interval based on verification of occurrence of a covered event and verification of the validity of the emergency financial reserve.

An apparatus for providing an emergency financial reserve line-of-credit, the system comprising:

• a computing device including:
• a memory device, and
• a processing device operatively connected to the memory device and configured to:
• receive terms of an emergency financial reserve agreement associated with a customer, wherein the terms provide for the customer to receive access to the emergency reserve line-of-credit based upon occurrence of one of one or more predetermined covered events and provide for an emergency reserve-providing entity to receive a fee from the customer in exchange for the emergency financial reserve,
• store the terms of the emergency financial reserve agreement in the memory device, and
• provide the customer with access to a predetermined amount of funds from the emergency financial reserve line-of-credit for a predetermined interval based on verification of occurrence of a covered event and verification of the validity of the emergency financial reserve.

An apparatus for providing an emergency financial reserve loan, the system comprising:

• a computing device including:
• a memory device;
• and
• a processing device operatively connected to the memory device and configured to:
• receive terms of an emergency financial reserve agreement associated with a customer, wherein the terms provide for the customer to receive emergency financial reserve loan funds based upon occurrence of one of one or more predetermined covered events and provide for an emergency reserve-providing entity to receive a fee from the customer in exchange for the emergency financial reserve,
• store the terms of the emergency financial reserve agreement in the memory device, and
• provide the customer with a predetermined amount of funds from the emergency financial reserve loan for a predetermined interval based on verification of occurrence of a covered event and verification of the validity of the emergency financial reserve.

A computer program product comprising:

• a computer-readable medium comprising:
• a first set of codes for causing a computer to receive terms of an emergency financial reserve agreement associated with a customer, wherein the terms provide for the customer to receive emergency reserve funds or receive access to the emergency reserve funds based upon occurrence of one of one or more predetermined covered events and provide for an emergency reserve-providing entity to receive a fee from the customer in exchange for the emergency financial reserve;
• a second set of codes for causing the computer to store the terms of the emergency financial reserve agreement in the memory device;
• and
• a third set of codes for causing a computer to provide the customer with a predetermined amount of funds from the emergency financial reserve or access to a predetermined amount of funds from the emergency financial reserve for a predetermined interval based on verification of occurrence of a covered event and verification of the validity of the emergency financial reserve.