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US 8,543,425 B1Granted
Providing life insurance
AssigneeUnited Services Automobile Association
InventorsNora Hacker, Robert J. Eckelbarger, Richard Wright, Jeffrey Blattner
Life of this patent
Estimating the term…
Abstract
Disclosed are systems and methods to provide life insurance. The systems and methods provide techniques to provide an accurate quote to a customer over a website and then allow the customer to complete an application on the website and have that application submitted, while satisfying appropriate state regulations, without the customer having to do anything more.
Claims20
A method to provide life insurance, the method comprising:
- providing a computer having one or more processors and a memory;
- providing a website through a network using an information handler coupled to the network and a forms database including insurance forms, the information handler including a forms engine, a customer communication engine, and a quote engine, with the forms engine, the customer communication engine and the quote engine each being retained in the memory and executed by the one or more processors;
- receiving life insurance application information by the customer communication engine from a customer interacting with the website through the network, the life insurance application information includes data indicating use of a tobacco product by the customer within a predetermined time, data indicating death of a parent of the customer due to cancer or cardiovascular disease before a predetermined age, data indicating a height of the customer, data indicating a weight of the customer, data indicating that the customer intends to alter an existing life insurance policy, and data indicating a state of residence of the customer;
- determining, using the one or more processors, an estimate of a quote from the quote engine, wherein the estimate is based only on the data indicating use of the tobacco product by the customer within the predetermined time, the data indicating death of the parent of the customer due to cancer or cardiovascular disease before the predetermined age, the data indicating the height of the customer, and the data indicating the weight of the customer;
- providing the estimate of the quote from the quote engine to the customer;
- retrieving a life insurance application form from the form engine that is required by the state of residence of the customer in response to the data indicating that the customer intends to alter the existing life insurance policy;
- completing the life insurance application form, at the customer communication engine, using the life insurance application information received from the customer through the website;
- and
- submitting the life insurance application form, via the customer communication engine, to an entity responsible for processing life insurance applications for the state of residence of the customer.
6 more elements
A system for providing life insurance, the system comprising:
- one or more processors;
- a computer-readable medium coupled to the one or more processors and storing a plurality of instructions, which, when executed, cause the one or more processors to provide life insurance, the plurality of instructions comprising:
- instructions that cause the one or more processors to provide a website through a network using an information handler coupled to the network and a forms database including insurance forms, the information handler including a forms engine, a customer communication engine, and a quote engine, with the forms engine, the customer communication engine and the quote engine each being retained in the memory and executed by the one or more processors;
- instructions that cause the one or more processors to receive life insurance application information by the customer communication engine from a customer interacting with the website through the network, the life insurance application information includes data indicating use of a tobacco product by the customer within a predetermined time, data indicating death of a parent of the customer due to cancer or cardiovascular disease before a predetermined age, data indicating a height of the customer, data indicating a weight of the customer, data indicating that the customer intends to alter an existing life insurance policy, and data indicating a state of residence of the customer;
- instructions that cause the one or more processors to determine an estimate of a quote from the quote engine, wherein the estimate is based only on the data indicating use of the tobacco product by the customer within the predetermined time, the data indicating death of the parent of the customer due to cancer or cardiovascular disease before the predetermined age, the data indicating the height of the customer, and the data indicating the weight of the customer;
- instructions that cause the one or more processors to provide the estimate of the quote from the quote engine to the customer;
- instructions that cause the one or more processors to retrieve a life insurance application form from the form engine that is required by the state of residence of the customer in response to the data indicating that the customer intends to alter the existing life insurance policy;
- instructions that cause the one or more processors to complete the life insurance application form, at the customer communication engine, using the life insurance application information received from the customer through the website;
- and
- instructions that cause the one or more processors to submit the life insurance application form, via the customer communication engine, to an entity responsible for processing life insurance applications for the state of residence of the customer.
7 more elements
A non-transitory computer-readable storage medium comprising a plurality of computer readable instructions tangibly embodied on the computer-readable storage medium, which, when executed by one or more processors, provide life insurance, the plurality of instructions comprising:
- instructions that cause the one or more processors to provide a website through a network using an information handler coupled to the network and a forms database including insurance forms, the information handler including a forms engine, a customer communication engine, and a quote engine, with the forms engine, the customer communication engine and the quote engine each being retained in the memory and executed by the one or more processors;
- instructions that cause the one or more processors to receive life insurance application information by the customer communication engine from a customer interacting with the website through the network, the life insurance application information includes data indicating use of a tobacco product by the customer within a predetermined time, data indicating death of a parent of the customer due to cancer or cardiovascular disease before a predetermined age, data indicating a height of the customer, data indicating a weight of the customer, data indicating that the customer intends to alter an existing life insurance policy, and data indicating a state of residence of the customer;
- instructions that cause the one or more processors to determine an estimate of a quote from the quote engine, wherein the estimate is based only on the data indicating use of the tobacco product by the customer within the predetermined time, the data indicating death of the parent of the customer due to cancer or cardiovascular disease before the predetermined age, the data indicating the height of the customer, and the data indicating the weight of the customer;
- instructions that cause the one or more processors to provide the estimate of the quote from the quote engine to the customer;
- instructions that cause the one or more processors to retrieve a life insurance application form from the form engine that is required by the state of residence of the customer in response to the data indicating that the customer intends to alter the existing life insurance policy;
- instructions that cause the one or more processors to complete the life insurance application form, at the customer communication engine, using the life insurance application information received from the customer through the website;
- and
- instructions that cause the one or more processors to submit the life insurance application form, via the customer communication engine, to an entity responsible for processing life insurance applications for the state of residence of the customer.
5 more elements
Dependencies are inferred from the claim text.