A METHOD OF MANAGING AN INSURANCE PLAN AND A SYSTEM THEREFOR

摘要

A method of managing an insurance plan includes receiving data relating to a life insurance policy of an insured person, the life insurance policy relating to in the event of the insured person dying, paying a predetermined amount to beneficiaries nominated in terms of the life insurance policy. Data relating to the occurrence of an insured event to the insured person is received, the insured event being an event other than dying. On the occurrence of the insured event transmitting data including an instruction to pay an amount of funds to the insured person and reducing the predetermined amount to be paid to the beneficiaries nominated in terms of the life insurance policy upon the death of the insured person by an amount related to the amount of funds paid to the insured person for the insured event.