Adam Patrick Sharp

US Patent:

8280753, Oct 2, 2012

Filed:

Jun 9, 2011

Appl. No.:

13/157212

Inventors:

Adam Grant Sharp - Helotes TX, US
Michael Roger Baublit - San Antonio TX, US

Assignee:

USAA - San Antonio TX

International Classification:

G06Q 40/00

US Classification:

705 4, 705 35

Abstract:

A method of providing a bridge life insurance policy includes receiving a request for a life insurance policy having a coverage amount, wherein approval of the request requires completion of an external process, and determining that the customer is a pre-existing customer of an organization associated with the life insurance policy. The method also includes determining, using a processor, that the customer meets eligibility requirements for a bridge life insurance policy and obtaining financial information associated with the customer from the organization associated with the life insurance policy. The method further includes defining a coverage amount for the bridge life insurance policy less than or equal to the coverage amount of the life insurance policy and issuing the bridge life insurance policy to the customer. Additionally, the method includes initiating the external process, issuing the life insurance policy, and terminating the bridge life insurance policy.

US Patent:

7974858, Jul 5, 2011

Filed:

Dec 29, 2005

Appl. No.:

11/321403

Inventors:

Adam Grant Sharp - Helotes TX, US
Michael Roger Baublit - San Antonio TX, US

Assignee:

USAA - San Antonio TX

International Classification:

G06Q 10/00

US Classification:

705 4

Abstract:

Systems and methods to provide bridging insurance coverage are described. The apparatus may comprise, a receiver module to receive a request for a financial service from a requestor and an underwriter module to underwrite a bridging financial service. The method may comprise, receiving from a requestor a request for a financial service, underwriting a bridge financial service at the time of the request, and initiating the external processes required for the approval of a final insurance policy. The method may additionally include, completing the external processes, underwriting a final financial service based on the external processes and terminating the bridge financial service.