Abstract of the Disclosure; The present invention involves a ministry and religious institution insurance transaction system and method which allows for quoting, rate determination, policy creation and saving quote and policy application information through a web based interface linking a remote insurance agent or potential customer to an insurance company office. The business method of this invention provides for the sign on and authentication of a remote agent or potential customer who is then allowed to request, gather and submit information for quoting an insurance policy. A copy of the quote information is transferred to the insurance company office system where the quote information is supplemented with rate data. The completed quote is then available for display and editing. The rated quote can be used as a basis for generating a proposal referencing coverage descriptions for the client and as the basis for preparation of a policy application. Copies of the quote information are maintained on the web server and the insurance office computer and made available for other functions to minimize data entry and transmission. The invention further incorporates an optional automated underwriting process in which certain underwriting steps are undertaken electronically, and a ministry policy can be issued and the customer billed without the need for human intervention.
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