METHOD AND SYSTEM FOR THE CREATION AND DELIVERY TO A USER OF AN AUTOMATED, REAL TIME, ONLINE INSURANCE POLICY AND CERTIFICATE INSURANCE FOR RENTAL OF A VENUE AND/OR EQUIPMENT

摘要

A method of furnishing a real-time, self-binding, on-line bound policy for a venue and rental equipment insurance product for a user of such a venue, comprises presenting to the user, via electronic interface, prompted questions relating to venue and location, and at least one of activity to be undertaken at venue and duration of activity; receiving from the user at a computing device, answers to the prompted questions; searching attributes of the venue in a base data relating to said venue; receiving rating information from a rating engine relating to at least one of: venue and location, activity to be undertaken at venue, duration of activity and maximum benefits payable upon the occurrence of an insured event (limit selection); and using base data and rating information to calculate insurance terms, an insurance quote and to create, issue electronically transmit insurance policy and certificate of insurance to computing device of user.