Printed matter – Transportation
Patent
1978-09-11
1980-05-20
McQuade, John
Printed matter
Transportation
229 928, 283 54, B42D 1500
Patent
active
042036208
ABSTRACT:
To reduce the cost of air travel insurance premiums substantially, by eliminating the need for insurance company representatives, agents, or machines, in airport terminals or elsewhere, purchasers contract with and prepay a nominal sum to the insurance company for a selected amount of air travel insurance coverage. The insureds are supplied through the mail with a designated number of proper documents in assembled relationship for use in coaction with conventional air travel tickets in a manner whereby the purchaser can assure the validation of his or her air travel insurance prior to take-off on a mode of air travel. A return envelope is provided, addressed to the insurance company or agent. The envelope includes a positioning means for the air travel ticket and insurance documents assembly to be temporarily assembled with the envelope to enable the purchaser to imprint the validating indicia on an element of the ticket to be given to the air travel ticket agent and also on the insurance documents assembly. The documents are delivered to the insurance company or agent, the beneficiary, and to a third party disinterested institutional trust.
REFERENCES:
patent: 618662 (1899-01-01), Grout
patent: 867613 (1907-10-01), Scragg
patent: 1000623 (1911-08-01), Penfield
patent: 1591231 (1926-07-01), Otis
patent: 2835512 (1958-05-01), Whitman
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