METHOD OF MANAGING AN INSURANCE PLAN AND A SYSTEM THEREFOR
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United States of America Patent
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-
N/A
Issued Date -
Oct 15, 2009
app pub date -
May 23, 2007
filing date -
Jun 6, 2006
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method of managing a life or health insurance plan includes calculating an amount of expenditure of a member using a credit or debit card issued to the member and then using the calculated amount of expenditure to calculate a premium payable by the member, wherein the premium is reduced by a percentage of the amount of expenditure of the member using the credit or debit card issued to the member.
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Family
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