Systems and methods for providing insurance coverage to a customer
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United States of America Patent
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-
N/A
Issued Date -
Jun 1, 2006
app pub date -
Nov 30, 2004
filing date -
Nov 30, 2004
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method of providing insurance coverage to a customer comprising the steps of: (1) selling a debt protection contract to a customer; and (2) in response to the customer purchasing the debt protection contract, providing third-party-paid insurance coverage to the customer at no substantial cost to the customer. This may be done, for example, to avoid the need to have a licensed insurance agent available when the customer acquires the insurance product. In various embodiments of the invention, the debt protection contract may be, for example, a debt deferment contract or a debt cancellation contract.
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Family
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