SYSTEM AND METHOD FOR OPTIMIZING CREDIT INSURANCE POLICIES

摘要

A system and method for optimizing insurance policies are disclosed. The system and method include a goal module that receives qualifying information for a customer's current credit insurance policy or policies and uses the qualifying information to determine one or more actual coverage amounts for which one or more debtors qualify under that customer's current insurance policy or policies, a compliance module that receives compliance information for the customer's current insurance policy or policies and uses the compliance information to identify any actions that need to be taken to prevent the one or more debtors that qualify for the actual coverage amount from falling out of compliance with the customer's current insurance policy or policies, and a marketplace module that aggregates market information for a plurality of insurers and identifies one or more other insurance policies that provide coverage for one or more debtors that do not qualify for an actual amount of coverage greater than or equal to a desired amount of coverage and/or that are out of compliance with the customer's current insurance policy or policies.