Patent ID: 8655686

Claim:
A system associated with a workers' compensation insurance policy and supplemental bundled individual insurance policies, comprising: a communication device to receive employee information about a group of employees employed by an employer, wherein the employee information is to permit determination of a workers' compensation insurance premium for the workers' compensation insurance policy covering the employees and includes at least a job title and a salary for each employee of the group of employees; a computer processor for executing program instructions; and a memory, coupled to the computer processor, for storing program instructions for execution by the computer processor to: evaluate the employee information to determine the workers' compensation insurance premium for the workers' compensation insurance policy covering the group of employees; determine supplemental bundled insurance premiums for the supplemental bundled individual insurance policies for each employee of the group of employees, wherein the supplemental bundled individual insurance policies are comprised of individual policies covering different types of risks, wherein the supplemental bundled insurance premiums are determined based upon the employee information received for determining the workers' compensation insurance premium and wherein the supplemental bundled insurance premiums are contingent upon the employer's agreement to pay the workers' compensation insurance premium and are associated with at least one of: (i) short term disability insurance, (ii) long term disability insurance, (iii) accidental death insurance, (iv) accidental disability insurance, and (v) hospital accident insurance; and providing output data indicative of the determined supplemental bundled insurance premiums.