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. 29, 2013
Filed:
Dec. 02, 2010
Leslie Ann Reynolds, Simsbury, CT (US);
Michael J. Roscoe, South Windsor, CT (US);
Greg D. Lindquist, Champlin, MN (US);
Kimberly Ann Rasmussen, Mound, MN (US);
Steven J. Williams, Plymouth, MN (US);
Leslie Ann Reynolds, Simsbury, CT (US);
Michael J. Roscoe, South Windsor, CT (US);
Greg D. Lindquist, Champlin, MN (US);
Kimberly Ann Rasmussen, Mound, MN (US);
Steven J. Williams, Plymouth, MN (US);
The Prudential Insurance Company of America, Newark, NJ (US);
Abstract
A computer system for administering applications for life insurance has a processor and a memory storage device in communication with the processor. The processor is configured to receive data indicative of an application and an initial premium payment from a proposed insured for life insurance; based on the received data, determine whether the proposed insured is eligible for life insurance issued before completion of comprehensive underwriting; responsive to a determination that the proposed insured is eligible, generate an output signal having data indicative of a decision to respond to the application by issuing a policy and by commencing a comprehensive underwriting process. The processor may be configured to receive data indicative of a result of the comprehensive underwriting process and based on the result of the comprehensive underwriting process, provide an output signal indicative of policy changes.