The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 02, 2012
Filed:
Jun. 09, 2011
Adam Grant Sharp, Helotes, TX (US);
Michael Roger Baublit, San Antonio, TX (US);
Adam Grant Sharp, Helotes, TX (US);
Michael Roger Baublit, San Antonio, TX (US);
USAA, San Antonio, TX (US);
Abstract
A method of providing a bridge life insurance policy includes receiving a request for a life insurance policy having a coverage amount, wherein approval of the request requires completion of an external process, and determining that the customer is a pre-existing customer of an organization associated with the life insurance policy. The method also includes determining, using a processor, that the customer meets eligibility requirements for a bridge life insurance policy and obtaining financial information associated with the customer from the organization associated with the life insurance policy. The method further includes defining a coverage amount for the bridge life insurance policy less than or equal to the coverage amount of the life insurance policy and issuing the bridge life insurance policy to the customer. Additionally, the method includes initiating the external process, issuing the life insurance policy, and terminating the bridge life insurance policy.