Invention Grant
- Patent Title: Insurance policy and method for providing an insurance policy having dormancy features
- Patent Title (中): 提供具有休眠功能的保险单的保险政策和方法
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Application No.: US11537936Application Date: 2006-10-02
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Publication No.: US07885832B2Publication Date: 2011-02-08
- Inventor: Richard Alexander Collins , Steven Louis Pollack , Darrell Steven Richey
- Applicant: Richard Alexander Collins , Steven Louis Pollack , Darrell Steven Richey
- Applicant Address: US IN Indianapolis
- Assignee: Golden Rule Insurance Company
- Current Assignee: Golden Rule Insurance Company
- Current Assignee Address: US IN Indianapolis
- Agency: Dorsey & Whitney LLP
- Main IPC: G06Q10/00
- IPC: G06Q10/00 ; G06Q50/00 ; G06Q40/00 ; A61B5/00 ; G06F19/00
Abstract:
An insurance policy having a dormancy provision is provided in which the dormancy provision enables a policyholder to activate and deactivate benefits provided under the insurance policy. Also provided is a method for enabling a holder of an insurance policy with a dormancy provision to activate and deactivate benefits of an insurance policy, and includes purchasing an insurance policy having a dormancy provision and a set of associated benefits, paying premiums to maintain the set of benefits in an active state, deactivating the set of benefits; paying dormancy premiums to maintain the set of deactivated benefits in a deactivated state, and reactivating the set of deactivated benefits.
Public/Granted literature
- US20080082370A1 Insurance Policy and Method for Providing an Insurance Policy Having Dormancy Features Public/Granted day:2008-04-03
Information query
