Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Insurance
Patent
1997-01-07
1999-09-21
Voeltz, Emanuel Todd
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Insurance
345400, G06F 1760
Patent
active
059566914
ABSTRACT:
A dynamic, user friendly insurance policy illustration system for computing and graphically displaying the future values of a model life insurance policy. Key variables are entered and a graphic display of future values is instantly displayed. Variable keys can be selected to recalculate or solve for a certain stated policy performance, or variables can be entered and changed at will to display various "what if" life insurance scenarios. Variables can be rapidly moved through a range of values to create a "move" of the illustrated values changing from variable "A" to "B."
The dynamic policy illustration system has built-in tables which can be used to view the effect various economic changes may have on a life insurance illustration.
In addition, the dynamic policy illustration system includes an interactive expectations assessment process that uses a questionnaire, inferences and feedback for educating the user about life insurance and thereby leads the user to the most suitable life insurance policy selection based on his/her responses.
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Alvarez Raguel
Second Opinion Financial Systems, Inc.
Todd Voeltz Emanuel
LandOfFree
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