Patent Document ID: 8229839
Application ID: 12855749
Patent Status: 1

Claim One:
1. A method of evaluating a plurality of insurance products, comprising: receiving, by a computer-based value appraising system, information about a proposed insured, including risk profile information of the proposed insured; receiving, by the computer-based value appraising system, information about a plurality of proposed insurance products that are tailored to the risk profile information of the proposed insured, the received information including proposed benefits to be provided; for each proposed insurance product, determining, by the computer-based value appraising system, an overall rating reflecting the proposed insurance product's customer, wherein the determining of the overall rating is based on at least one of the risk profile information of the proposed insured, benefits and price information of each of the proposed insurance products; and transmitting the overall rating of at least one of the proposed insurance products in accordance with the determining of the overall rating of the proposed insurance products.