PATENT CLAIM ANALYSIS

Application Number: 16034628
Application Type: Utility
Filing Date: 2018-07
Publication Date: 2019-03
Patent Classification: ["705", "004000"]

Abstract:
An apparatus, system and method of providing dynamic life and business insurance coverage in accordance with a cloud-based business valuation. The apparatus, system and method include: monitoring a business value substantially continuously; communicatively connecting an output of said monitoring to a remote input of an insurance system; assessing, by the financial system, of at least individual and business insurance needs in accordance with the business value; automatically adjusting the insurance needs and underlying premium pricing based upon the business value; substantially continuously outputting the insurance needs and the pricing to at least one financial service; and automatically charging the at least one financial service with the pricing based on the output insurance needs.

Claim (Index 1):
A method of dynamic life and business insurance coverage in accordance with a cloud-based business valuation, comprising:\n monitoring a business value substantially continuously; communicatively connecting an output of said monitoring to a remote input of an insurance system; assessing, by the financial system, of at least individual and business insurance needs in accordance with the business value; automatically adjusting the insurance needs and underlying premium pricing based upon the business value; substantially continuously outputting the insurance needs and the pricing to at least one financial service; and automatically charging the at least one financial service with the pricing based on the output insurance needs.

Metadata:
- Claim Count in Document: 1.0
- Percentile: 95.0
- Lexical Diversity: 2.23214
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['13308659', '13310025', '13313632', '13312426', '14737187']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1000614322903399
- 35 USC 102 Novelty (BERT): 0.4755527958256483
- Combined Prediction Score: 0.1376105686438707
- Mean Citation Score: 141.23507
- Max Citation Score: 142.0124
- Similarity Product: 95.03577353096009

Labels:
- Claim Label 101: 0
- Claim Label 102: 0
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test