System for validating client data with third party systems

A computer system comprising:

• (a) a coverage processing computer system including at least one coverage processor configured for:
• receiving a tuition debt policy request from an individual via a remote device executing an application program configured for display of fields for entry of covered individual information, including name, a school attended by the individual, a major, and a performance characteristic associated with the individual at the school and for transmission of data entered in the displayed fields to the coverage processing computer system, the request being received during an enrollment period prior to a graduation date of the covered individual;
• generating pricing information based at least in part on the request data;
• providing the pricing information and one or more tuition debt coverage options corresponding to the pricing information to the remote device for display by the application program of the one or more tuition debt coverage options and a user-selectable display element associated with each of the one or more tuition debt coverage options for transmission of a selection of one of the one or more tuition debt coverage options;
• receiving the selection of the selected one of the tuition debt coverage options from the remote device;
• storing, in a policy record data storage device, a policy record associated with the selected tuition debt coverage option, the policy record including graduation and job search requirements to qualify for claim payments;
• and
• transmitting to the remote device an indication of coverage for the individual for the tuition debt coverage option, the coverage being active after the graduation date and job search requirements have been validated;
• and
• (b) a claims management server system including at least one claims management processor configured for:
• determining a claim payment amount for a claim under a tuition debt coverage policy, wherein the claim payment amount is determined based upon validation of covered individual information related to at least graduation data and job search data received from an information server system, and data relating to covered individuals connections on a business social media site;
• and
• issuing claim payment instructions for the determined claim payment amount;
• wherein the at least one coverage processor is further configured for:
• interfacing with at least one of an employment agency computer system, a job placement office computer system, a school placement office computer system, and a state unemployment office computer system to obtain data indicative of an employment status of the covered individual;
• and
• applying unemployment validation rules stored by the coverage processor computer system to the data indicative of the employment status of the covered individual;
• wherein the claims management processor is configured for determining the claim payment amount for the claim under the tuition debt coverage policy further based upon the application of the unemployment validation rules to the data indicative of the employment status of the covered individual.