Systems and methods for providing insurance and non-insurance products
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United States of America Patent
Stats
-
N/A
Issued Date -
Jun 24, 2004
app pub date -
Sep 19, 2003
filing date -
Sep 20, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method of providing insurance to a customer that comprises the steps of: (1) selling a service contract to the customer that provides protection against the mechanical breakdown or other failure of an item (and in some cases, accidental damage); and (2) in response to the customer purchasing the service contract, providing, at no cost to the customer, third-party-paid insurance coverage that protects the customer against damage to the item, which, in some cases, includes accidental damage. In one embodiment of the invention, the step of providing the third-party-paid insurance coverage is done in order to permit the provision of insurance without the use of a licensed insurance agent.
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Family
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Cited Art Landscape
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