Patent Application Titled “System and Method for the Automatic Generation and Mediation of a Personalized Micro Insurance Policy Offer” Published…

Patent Application Titled "System and Method for the Automatic Generation and Mediation of a Personalized Micro Insurance Policy Offer" Published Online (USPTO 20170236208)

By a News Reporter-Staff News Editor at Politics & Government Week -- According to news reporting originating from Washington, D.C., by VerticalNews journalists, a patent application by the inventor Kovacs, Tamas (Budapest, HU), filed on February 14, 2016, was made available online on August 24, 2017.

No assignee for this patent application has been made.

Reporters obtained the following quote from the background information supplied by the inventors: "Field of the Invention

"This invention relates to the insurance industry in general, more specifically to automatically generated short-term insurance policies, providing accident insurance coverage for a pre-specified service or activity.

"Healthcare and related insurance is costly, and currently there are no fast and efficient ways to provide short-term, case-by-case natured small insurance offers to people. Our invention aims to overcome this by providing a platform where insurance providers can offer short-term insurance policy offers with coverage for a specified one-time service or activity, like a go-kart race or a dental procedure for example."

In addition to obtaining background information on this patent application, VerticalNews editors also obtained the inventor's summary information for this patent application: "The invention disclosed here is a novel computer-implemented business method consisting of a System to which three types of parties register, and a Method which feeds, queries, operates and utilizes data that is fed to said System. Said Method provides a user interface in the form of a smartphone application, through which end users can accept short term accident insurance policy offers in relation to a specified service or activity. Said specified service or activity can be of any nature, for which an insurance company agrees to provide insurance coverage for (for example: a 6 minute go-kart race, bungee jumping, summer camp, or a dental procedure or dental service)."

For more information, see this patent application: Kovacs, Tamas. System and Method for the Automatic Generation and Mediation of a Personalized Micro Insurance Policy Offer. Filed February 14, 2016 and posted August 24, 2017. Patent URL: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&f=G&l=50&s1=%2220170236208%22.PGNR.&OS=DN/20170236208&RS=DN/20170236208

Keywords for this news article include: Patents, Dentistry.

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