Patent ID: 11922513
Assignee: ALLSTATE INSURANCE COMPANY
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 4:
5. The method of claim 3, further comprising:
determining, by the at least one processor, based on a policy data associated with the request by the existing customer of the first life insurance provider to make the at least one change to the first life insurance policy provided by the first life insurance provider to the existing customer of the first life insurance provider, an additional amount of life insurance coverage requested by the existing customer of the first life insurance provider associated with the at least one change to the first life insurance policy provided by the first life insurance provider to the existing customer of the first life insurance provider; and
causing, by the at least one processor, based the current amount of in-force life insurance coverage, the maximum combined life insurance policy amount for the group, and the additional amount of life insurance coverage requested by the existing customer of the first life insurance provider, the request to authorize the transaction by the existing customer to be accepted or denied.