PATENT CLAIM ANALYSIS

Application Number: 15960108
Application Type: Utility
Filing Date: 2018-04
Publication Date: 2018-08
Patent Classification: ["705", "004000"]

Abstract:
A system and method for providing commoditized insurance products to at least one consumer is disclosed. The system includes a commoditized insurance product including an activation code and an insurance company that underwrites the commoditized insurance product and provides the commoditized insurance product to a retail outlet. Based on consumer purchase of the commoditized product at the retail outlet and initiation of an activation process, the insurance company receives an activation code associated with the commoditized insurance product and provides verification queries to the consumer, and based on positive responses to the queries activates the policy providing the selected insurance coverage for the consumer.

Claim (Index 21):
A product provided by a carrier, the carrier receiving payment for the product and identifying an activation code, via a web server upon a consumer purchase of the product, the product comprising:\n a plurality of parameters defining the product; and an activation code associated with the product, the activation code identifying the plurality of parameters defining the product to the web server upon initiation of the product, wherein the web server provides a set of verification queries associated with the activation code, the set of verification queries related to the plurality of parameters allowing the carrier to screen for eligibility of the product when a user device is used to attempt to activate the product and receives responses to the verification queries, and on a condition that the received responses to the provided set of verification queries are in accordance with the product, the product is activated.

Metadata:
- Claim Count in Document: 56.0
- Percentile: 91.0
- Lexical Diversity: 2.13725
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['13460281', '15595595', '13344820', '12822495', '13179349']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1149858748224063
- 35 USC 102 Novelty (BERT): 0.5429318155473807
- Combined Prediction Score: 0.1577804688949038
- Mean Citation Score: 268.293726
- Max Citation Score: 397.70154
- Similarity Product: 340.1556242471123

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

Dataset: test