Hartford Fire Insurance Compnay

Lisa Michelle Proch

Michael J Roscoe

Stephen A Roche

Dawn M LeBlanc

Christopher Benedict Cramer

Disclosed is a novel insurance product that provides an accelerated death benefit to the insured individual. The insurance product contains a lifeaccess accelerated benefit feature that allows the insured individual to file a claim and receive benefits under a life insurance product if the insured individual becomes chronically or terminally ill.

Method and system for processing data related to a life insurance policy having an accelerated benefit

A method for processing data related to a life insurance product having a death benefit amount payable to a beneficiary upon death of an insured includes receiving data indicative of certification that the insured is chronically ill, and responsive to receipt of the data indicative of the certification, providing output signals having data indicative of instructions to pay an owner of the life insurance product periodic payments, during the lifetime of the insured, each of which periodic payments reduces the death benefit amount.

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North Haven, CT, United States of America

Lisa Michelle Proch