Patent ID: 8775216
Filing Date: 2014-07-08
Classification: G06Q

Abstract:
1. A method of processing an insurance claim under a disability income insurance policy, the disability income insurance policy being configured for an insured having an occupation in which the insured performs a first set of duties and other duties, the insurance claim arising out of a disability of the insured, the method comprising: storing, by a computer system comprising a computer processor and a memory coupled to the computer processor, information regarding activities of the insured, the activities of the insured being in connection with the occupation of the insured during a time period preceding the disability; analyzing, by the computer system, the information regarding the activities of the insured to determine an extent to which the insured engaged in the first set of duties, wherein the first set of duties are set forth in the disability income insurance policy, the analyzing including: determining, by the computer system, a relative amount of activities of the insured attributable to the first set of duties prior to the disability based on the analysis; receiving, by the computer system, claim information regarding an insurance claim for the insured, wherein the claim information comprises information regarding a condition of the insured after the disability; applying, by the computer system, a threshold test to the insurance claim, wherein applying the threshold test comprises: determining, by the computer system, a benefit payment amount to be provided based on results of the threshold test and based on whether the insured is unable to perform the first set of duties; generating, by the computer system, a payment signal based on the benefit payment amount determination; and sending, by the computer system, the payment signal to a payment system to cause the benefit payment amount to be paid.