Processing an application for insurance coverage
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United States of America Patent
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Jul 10, 2012
Grant Date -
N/A
app pub date -
Dec 2, 2010
filing date -
Nov 19, 2004
priority date (Note) -
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status (Latency Note)
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Abstract
Systems and methods provide customizable insurance according to consumer preferences. Demand simulators may be used to guide the creation of optimized packages of features, which consumers may select from to form an insurance product appropriate for their particular needs. Packages may be formed with a particular appeal to consumers with common characteristics. In addition, methods are provided for selling insurance products formed through an optimization process and providing corresponding insurance services.
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