METHOD FOR DETERMINING INSURANCE BENEFITS AND PREMIUMS FROM DYNAMIC CREDIT INFORMATION

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United States of America Patent

APP PUB NO 20130110557A1
SERIAL NO

13652380

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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The embodiments described herein are directed to a method of obtaining credit life insurance for an individual by means of a service organization. In detail, the steps include: registering the individual with the service organization via a computer system in a computer network; accessing credit information on the individual by means of the computer system in the computer network and determining the total debt of the individual; determining the amount of debt to be covered by credit life insurance benefits; creating a data base including insurance companies that provide credit life insurance benefits, the data base further including the premiums that the insurance companies charge for issuing their credit life insurance; selecting specific coverage with required specific premiums; obtaining the individual's approval of the required specific premiums via the computer system in the computer network; and obtaining credit life insurance benefits for the individual.

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Patent Owner(s)

Patent OwnerAddress
CONSUMERINFO COM INC475 ANTON BLVD COSTA MESA CA 92626

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Kasower, Sheldon Bell Canyon, US 27 3473

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