Using images and voice recordings to facilitate underwriting life insurance

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United States of America Patent

PATENT NO 11828949
SERIAL NO

16363554

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Importance

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Abstract

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A system and method for evaluating an insurance applicant as part of an underwriting process to determine one or more appropriate terms of life or other insurance coverage, such as premiums. A processing element employing a neural network is trained to correlate aspects of appearance and/or voice with personal and/or health-related characteristic. A database of images and/or voice recordings of individuals with known personal and/or health-related characteristics is provided for this purpose. The processing element is then provided with an image and/or voice recording of the insurance applicant. The image may be an otherwise non-diagnostic image, such as an ordinary “selfie.” The trained processing element analyzes the image of the insurance applicant, with their permission or affirmative consent, to determine the personal and/or health-related characteristic for the insurance applicant, and then, based upon that analysis, facilitates the underwriting process and/or suggests the one or more appropriate terms of insurance coverage.

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Patent Owner(s)

Patent OwnerAddress
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANYBLOOMINGTON IL

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bernico, Michael L Bloomington, US 17 31
Myers, Jeffrey S Normal, US 34 167

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