Methods and systems for insuring an entity's exposure to...

Details Methods and systems for insuring an entity's exposure to... Methods and systems for insuring an entity's exposure to...

2008-07-01

2008-07-01

Gilligan, C. Luke (Department: 3626)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Insurance

C705S035000

Reexamination Certificate

active

07395218

ABSTRACT:
A method for insuring an entity's exposure to liability created when a member resigns from the entity includes receiving information pertaining to an entity and a member, receiving information pertaining to the initiation fee, and processing the received information to track premium, coverage and claims relating to the initiation fee of the member. A system for implementing an insurance program for an entity's initiation fees includes at least one user device and a server connected to the user device. The server is configured to receive, via the at least one user device, information pertaining to an initiation fee insurance program. The server is also configured to process the received information and transmit information to the user device regarding whether the initiation fee insurance application has been accepted or rejected.

REFERENCES:
patent: 6138102 (2000-10-01), Hinckley, Jr.
patent: 6347302 (2002-02-01), Joao
Clapp, Jr.,Wallace “Insurers Carve Niche for Golf Course Programs,” Jun. 1994, Rough Notes, vol. 137, No. 6, p. 30 (5 pages).
McAuliffe, Don; “Murrietta, Calif, Calif. Gym Organizers Distribute Refund Checks,” Jul. 29, 2000, Knight-Ridder Tribune Business News.

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