Patent ID: 8457993
Filing Date: 2013-06-04
Classification: G06Q

Abstract:
1. A method for providing safe deposit box insurance, the method comprising: receiving information corresponding to a request regarding safe deposit box insurance, the received information comprising (1) a monetary amount of insurance coverage desired by a customer for insuring content within a safe deposit box, and (2) a location corresponding to the safe deposit box, wherein the received information does not identify specific content for storage in the safe deposit box; responsive to the received information, determining, by a computer system, a premium for an insurance policy for the customer with respect to the safe deposit box without requiring an appraisal of any content stored in the safe deposit box, the computer system in communication with a remote computer via a network; communicating data to the remote computer for populating a screen displayed on the remote computer, the communicated data being representative of the insurance policy and including the determined premium for the insurance policy; receiving input from the remote computer corresponding to a purchase request for the insurance policy; and responsive to the received purchase request input, insuring content within the safe deposit box against an insurable event for the monetary amount by issuing the insurance policy to the customer, the insurance policy entitling the customer to receive the monetary amount in response to a proven claim that the insurable event has occurred without requiring an appraisal of any content stored in the safe deposit box.