Jonathan H Samuels

US Patent:

8589147, Nov 19, 2013

Filed:

Sep 30, 2011

Appl. No.:

13/250627

Inventors:

Jonathan H. Samuels - Santa Barbara CA, US

Assignee:

Insamco Holdings, LLC - Santa Barbara CA

International Classification:

G06Q 40/00

US Classification:

704 4

Abstract:

A method of providing deferred life insurance through a life insurance option. The deferred life insurance becomes effective later in the life of an insured after the option matures. The insured pays at least one payment during a first period for the deferred life insurance policy option. The deferred life insurance policy is inactive during the first period, and becomes effective at the beginning of the second period when the option matures. The insured pays at least one payment during a second period, which follows the first period, for the deferred life insurance policy, assuming the insured lives this long. The insured is entitled to a benefit based on the deferred term life insurance policy only in the event of death of the insured occurs during the second period.

US Patent:

20070094053, Apr 26, 2007

Filed:

Oct 21, 2005

Appl. No.:

11/256320

Inventors:

Jonathan Samuels - Santa Barbara CA, US

International Classification:

G06Q 40/00

US Classification:

705004000, 705035000

Abstract:

A method of providing deferred life insurance through a life insurance option. The deferred life insurance becomes effective later in the life of an insured after the option matures. The insured pays at least one payment during a first period for the deferred life insurance policy option. The deferred life insurance policy is inactive during the first period, and becomes effective at the beginning of the second period when the option matures. The insured pays at least one payment during a second period, which follows the first period, for the deferred life insurance policy, assuming the insured lives this long. The insured is entitled to a benefit based on the deferred term life insurance policy only in the event of death of the insured occurs during the second period. Payments for the life insurance option can be made by a person who is the insured or on behalf of another person who is the insured, such as a child or other third party. The individual payments and sum of payments can be structured to suit the insured's financial objectives, while providing incoming funds to an insurance company. The deferred life insurance policy can be used in conjunction with a conventional life insurance policy, such as conventional term and whole life insurance policies.

US Patent:

20110015952, Jan 20, 2011

Filed:

Aug 10, 2010

Appl. No.:

12/853943

Inventors:

Jonathan H. SAMUELS - Santa Barbara CA, US

Assignee:

Samuels Property Group LLC - Montecito CA

International Classification:

G06Q 40/00
G06Q 90/00

US Classification:

705 4, 705500

Abstract:

A method of providing deferred life insurance through a life insurance option. The deferred life insurance becomes effective later in the life of an insured after the option matures. The insured pays at least one payment during a first period for the deferred life insurance policy option. The deferred life insurance policy is inactive during the first period, and becomes effective at the beginning of the second period when the option matures. The insured pays at least one payment during a second period, which follows the first period, for the deferred life insurance policy, assuming the insured lives this long. The insured is entitled to a benefit based on the deferred term life insurance policy only in the event of death of the insured occurs during the second period. Payments for the life insurance option can be made by a person who is the insured or on behalf of another person who is the insured, such as a child or other third party. The individual payments and sum of payments can be structured to suit the insured's financial objectives, while providing incoming funds to an insurance company. The deferred life insurance policy can be used in conjunction with a conventional life insurance policy, such as conventional term and whole life insurance policies.

US Patent:

20160078551, Mar 17, 2016

Filed:

Sep 14, 2015

Appl. No.:

14/852994

Inventors:

- Santa Barbara CA, US
Jonathan H. Samuels - Santa Barbara CA, US

International Classification:

G06Q 40/08

Abstract:

A method for generating an optimized life insurance package includes the steps of collecting consumer data comprising an age and a risk class, determining a match between at least one life insurance policy and at least one Life Insurance Option, wherein the match is determined based at least partially on a period of coverage for the at least one life insurance policy and at least a portion of the consumer data, generating an optimized life insurance package comprising the at least one Life Insurance Option, and transmitting data configured to generate at least one graphical user interface comprising a visual representation of the optimized life insurance package. Other methods, systems, and computer program products are also disclosed.

US Patent:

20140188520, Jul 3, 2014

Filed:

Oct 21, 2013

Appl. No.:

14/059122

Inventors:

- Santa Barbara CA, US
Jonathan H. SAMUELS - Santa Barbara CA, US

Assignee:

Insamco Holdings, LLC - Santa Barbara CA

International Classification:

G06Q 40/08

US Classification:

705 4

Abstract:

A method of providing deferred life insurance through a life insurance option. The deferred life insurance becomes effective later in the life of an insured after the option matures. The insured pays at least one payment during a first period for the deferred life insurance policy option. The deferred life insurance policy is inactive during the first period, and becomes effective at the beginning of the second period when the option matures. The insured pays at least one payment during a second period, which follows the first period, for the deferred life insurance policy, assuming the insured lives this long. The insured is entitled to a benefit based on the deferred term life insurance policy only in the event of death of the insured occurs during the second period.