Patent ID: 7797252

Claim:
A warranty plan system comprising: a primary product offered for retail sale, wherein the primary product is tangible and includes: a product bar code including data representing an identification of the primary product, wherein the product bar code is tangible; a warranty plan product provided separately from the primary product and displayed for retail sale in a physical retail store, wherein the warranty plan product is tangible and includes: a first bar code for the warranty plan product, the first bar code indicating a level of warranty based on a purchase price of the primary product, wherein the level of warranty is one of a plurality of levels of warranty, and a second bar code for the warranty plan product, the second bar code indicating an individual account with the level of warranty indicated by the first bar code, wherein the individual account provides for repair or replacement of the primary product, and the first bar code, the second bar code and the product bar code are all separate from one another; and a point-of-sale terminal positioned within the physical retail store, wherein the primary product and the warranty plan product are separately and selectively displayed in the physical retail store; wherein, when the primary product and the warranty plan product are brought to the point-of-sale terminal the point-of-sale terminal is configured to machine read the first bar code, the second bar code and the product bar code to automatically associate the individual account with the primary product, wherein the first bar code and the second bar code exist prior to processing the primary product and the warranty plan product at the point-of-sale terminal, wherein the warranty plan product further comprises a sticker, wherein the sticker includes an account identifier indicating the individual account linked to the warranty plan product, wherein the sticker is configured to be readily removed from the warranty plan product and secured to the primary product, and the account identifier is separate from the first bar code and the second bar code, and wherein the warranty plan product includes a support backer supporting the sticker, the first bar code and the second bar code, and defining a pocket containing a tangible contract sheet providing details regarding terms of the individual account such that the tangible contract sheet is substantially enclosed by the support backer.