A method of managing an insurance plan and a system therefor

摘要

Abstract A method of managing a life or health insurance plan includes calculating an amount of expenditure of a member using a credit or debit card issued to the member and then using the calculated amount of expenditure to calculate a premium payable by the member, wherein the premium is reduced by a percentage of the amount of expenditure of the member using the credit or debit card issued to the member. (Fig. 1) calculating an amount of expenditure of a member using a credit or debit card issued to the member using the calculated amount of expenditure to calculate a discount amount being a discount on a premium payable by 12 the member, wherein the discount amount is a percentage of the amount of expenditure of the member using the credit or debit card issued to the member Fig. I