System and method for electronically revising a financial service product

摘要

The present invention relates to a system and method for providing financial services. According to an embodiment of the present invention, a financial service, such as insurance, may be provided through the use of reusable modules that may be called upon multiple times for various functions. In an exemplary embodiment is shown in a flow diagram (Figure 1). Data related to a financial service is provided (step 200). Module associated with the data provided is then selected (step 202) and then the selected module is executed (step 204). An example of a practical result of the use of these modules is that an insurance program may be quickly and easily established in all states with a minimum of duplication of effort.