Patent ID: 8788294

Claim:
A method comprising receiving via a processor an indication that an insured intends to sell a life insurance policy in exchange for a settlement amount; transmitting to a remote device a request for at least one document that supports that the life insurance policy, in which the remote device and the processor are in communication over a network; receiving via the processor, in response to the request, the at least one document that supports the life insurance policy; determining a respective quality for each received document based on at least one of: a source of the document, a type of the document, and a pre-determined level of importance of the document; determining via the processor a quantity of documents received in response to the request; assigning via the processor, based on the quantity of documents received and the quality of each received document, a rating to the life insurance policy, in which the rating affects the settlement amount; and displaying the rating that is assigned to the life insurance policy.