Patent ID: 8095399

Claim:
A computer-readable medium, which is non-transitory, containing computer-executable instructions which, when executed by a computer, cause the computer to perform a method for providing an insurance policy via a distributed computing network, comprising: receiving a request for a bindable premium quotation for an insurance policy; in response to said request, receiving information relating to the insurability of an individual to be insured by said insurance policy and information relating to the coverage to be provided by said insurance policy; gathering underwriting information from one or more outside information resources based upon the identify of said individual; determining whether said insurance policy may be underwritten; in response to determining that said insurance policy may be underwritten, calculating a premium for said insurance policy and providing said premium to a requestor of said premium quotation as a bindable insurance premium quotation; receiving a request to purchase said insurance policy according to said bindable insurance premium quotation; and in response to said request, re intermediating an insurance agent and issuing said insurance policy.