System and method for underwriting alimony and child support

A computer-implemented method for facilitating the underwriting of support payment insurance comprising:

• receiving at a server over the Internet an application from an applicant for support payment insurance, wherein the application comprises data relating to age, sex, occupation, work history, geography, credit rating, children visitation rights, support payments in relation to income and medical history of the payer of the support payment;
• forwarding the data to a credit rating bureau for processing to determine financial eligibility information of the payer;
• forwarding the data to a medical information bureau to determine pre-existing condition information of the payer;
• receiving the financial eligibility information and pre-existing condition information from the credit bureau and the medical information bureau;
• determining eligibility of the payer for the insurance based on the payer information, the financial eligibility information and the pre-existing condition information;
• and
• calculating a premium for the insurance if the payer is determined to be eligible for the insurance.

A computer-implemented method for obtaining support payment insurance comprising:

• receiving at a server over the Internet an application from an applicant requesting to enroll a third party payer for support payment insurance relating to support payments due to the applicant from the payer, wherein the application comprises data relating to age, sex, occupation, work history, geography, credit rating, children visitation rights, support payments in relation to income and medical history of the payer;
• forwarding the data to a credit rating bureau for processing to determine financial eligibility information of the payer;
• forwarding the data to a medical information bureau to determine pre-existing condition information of the payer;
• receiving the financial eligibility information and pre-existing condition information from the credit bureau and the medical information bureau;
• determining eligibility of the payer for the support insurance based on the payer data, the financial eligibility information and the pre-existing condition information;
• and
• calculating a premium for the insurance if the payer is determined to be eligible for the insurance.

A computer-implemented method for facilitating the underwriting of support payment insurance comprising:

• receiving at a server over the Internet an application from an applicant for support payment insurance, wherein the application comprises data relating to age, sex, occupation, work history, geography, credit rating, children visitation rights, support payments in relation to income and medical history of the payer of the support payment;
• forwarding the data to a credit rating bureau for processing to determine financial eligibility information of the payer;
• forwarding the data to a medical information bureau to determine pre-existing condition information of the payer;
• receiving the financial eligibility information and pre-existing condition information from the credit bureau and the medical information bureau;
• determining eligibility of the payer for the insurance based on the payer information, the financial eligibility information and the pre-existing condition information;
• calculating a premium for the insurance if the payer is determined to be eligible for the insurance;
• and
• offering a group discount of the premium of the support payment insurance if the payer of the support payment or the payer of the premium of the support payment insurance is a member of an approved organization.