Financial instrument utilizing a customer specific date

Details Financial instrument utilizing a customer specific date Financial instrument utilizing a customer specific date

2006-09-14

2010-12-28

Kazimi, Hani (Department: 3691)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

Reexamination Certificate

active

07860791

ABSTRACT:
According to one embodiment of the invention, a financial instrument issued to a customer includes an account and a guarantee of a protected value. The account has an account balance that changes over time, wherein at least part of the account balance is based on an initial deposit into the account. The protected value is fixed at the time of a particular event at a value at least equal to the greatest of the initial deposit, the account balance at the time of the particular event, and the highest value of the account balance on at least one anniversary of a customer specific date between the date of the initial deposit and the time of the particular event. The customer specific date is specific to the customer, determined no later than the time the financial instrument is issued, and independent of any transaction specific date related to the financial instrument.

REFERENCES:
patent: 4742457 (1988-05-01), Leon et al.
patent: 5126936 (1992-06-01), Champion et al.
patent: 5148365 (1992-09-01), Dembo
patent: 5185696 (1993-02-01), Yoshino et al.
patent: 5214579 (1993-05-01), Wolfberg et al.
patent: 5291398 (1994-03-01), Hagan
patent: 5631828 (1997-05-01), Hagan
patent: 5754980 (1998-05-01), Anderson et al.
patent: 5812987 (1998-09-01), Luskin et al.
patent: 5893071 (1999-04-01), Cooperstein
patent: 5933815 (1999-08-01), Golden
patent: 6064969 (2000-05-01), Haskins
patent: 6064986 (2000-05-01), Edelman
patent: 6208978 (2001-03-01), Walker et al.
patent: 6213390 (2001-04-01), Oneda
patent: 6219650 (2001-04-01), Friend et al.
patent: 6253192 (2001-06-01), Corlett et al.
patent: 6275807 (2001-08-01), Schirripa
patent: 6278983 (2001-08-01), Ball
patent: 6343272 (2002-01-01), Payne et al.
patent: 6360210 (2002-03-01), Wallman
patent: 6415267 (2002-07-01), Hagan
patent: 6592030 (2003-07-01), Hardesty
patent: 6611808 (2003-08-01), Preti et al.
patent: 6611815 (2003-08-01), Lewis et al.
patent: 6615180 (2003-09-01), Anderton et al.
patent: 6615188 (2003-09-01), Breen et al.
patent: 6636834 (2003-10-01), Schirripa
patent: 7089201 (2006-08-01), Dellinger et al.
patent: 7249077 (2007-07-01), Williams et al.
patent: 7308429 (2007-12-01), Tozzi
patent: 7398241 (2008-07-01), Fay et al.
patent: 7457776 (2008-11-01), Caruso et al.
patent: 2001/0014873 (2001-08-01), Henderson et al.
patent: 2002/0156710 (2002-10-01), Ryder
patent: 2002/0174042 (2002-11-01), Arena et al.
patent: 2002/0188540 (2002-12-01), Fay et al.
patent: 2002/0194098 (2002-12-01), Stiff et al.
patent: 2003/0004844 (2003-01-01), Hueler
patent: 2003/0014285 (2003-01-01), Richard
patent: 2003/0083972 (2003-05-01), Williams
patent: 2003/0088430 (2003-05-01), Ruark
patent: 2003/0105690 (2003-06-01), Brown et al.
patent: 2003/0120570 (2003-06-01), Dellinger et al.
patent: 2003/0154161 (2003-08-01), Stahl et al.
patent: 2003/0187764 (2003-10-01), Abbs et al.
patent: 2003/0233301 (2003-12-01), Chen et al.
patent: 2004/0078244 (2004-04-01), Katcher
patent: 2004/0088236 (2004-05-01), Manning
patent: 2004/0148202 (2004-07-01), Siefe et al.
patent: 2004/0158517 (2004-08-01), Mahaney et al.
patent: 2004/0172350 (2004-09-01), Atkinson et al.
patent: 2004/0177022 (2004-09-01), Williams et al.
patent: 2004/0199418 (2004-10-01), Hertz
patent: 2004/0215493 (2004-10-01), Koppes et al.
patent: 2004/0225536 (2004-11-01), Schoen et al.
patent: 2004/0230610 (2004-11-01), Gutierrez-Sheris
patent: 2005/0021363 (2005-01-01), Stimson et al.
patent: 2005/0060251 (2005-03-01), Schwartz et al.
patent: 2005/0065809 (2005-03-01), Henze
patent: 2005/0086085 (2005-04-01), Berlin et al.
patent: 2005/0086144 (2005-04-01), Lang
patent: 2005/0144124 (2005-06-01), Stiff et al.
patent: 2005/0187840 (2005-08-01), Stiff et al.
patent: 2005/0234747 (2005-10-01), Kavanaugh
patent: 2005/0234821 (2005-10-01), Benham et al.
patent: 2005/0256748 (2005-11-01), Gore et al.
patent: 2005/0278200 (2005-12-01), Brawley et al.
patent: 2006/0015429 (2006-01-01), Sullivan et al.
patent: 2006/0041453 (2006-02-01), Clark et al.
patent: 2006/0111997 (2006-05-01), Abbott et al.
patent: 2006/0122874 (2006-06-01), Postrel
patent: 2006/0178966 (2006-08-01), Jung et al.
patent: 2006/0259390 (2006-11-01), Rosenberger et al.
patent: 2007/0011063 (2007-01-01), Shelon
patent: 2007/0011086 (2007-01-01), Dellinger et al.
patent: 2007/0050217 (2007-03-01), Holden, Jr.
patent: 2007/0100715 (2007-05-01), O'Donnell et al.
patent: 2007/0100727 (2007-05-01), Multer et al.
patent: 2007/0198377 (2007-08-01), Livingston et al.
patent: 2007/0255635 (2007-11-01), Multer et al.
patent: 2008/0071655 (2008-03-01), Carlson et al.
patent: 2008/0071679 (2008-03-01), Foley
patent: 2008/0082369 (2008-04-01), Carlson et al.
patent: 2008/0114703 (2008-05-01), Dahlberg et al.
patent: 2008/0168007 (2008-07-01), Clark et al.
patent: 2008/0189218 (2008-08-01), Herschler et al.
patent: 2008/0189219 (2008-08-01), Herschler et al.
patent: 2008/0189220 (2008-08-01), Herschler et al.
patent: WO 92/22036 (1992-12-01), None
Q3 2003 Primedia Earnings Conference Cal-Part, Fair Disclosure Wire.
Can Online Investors outperform the NASDAQ-100?
The Implication of . . . Economic policy.
State Farm Insurance, Like a good neighbor, State Farm is there, Future Income Plus, 3 pages.
Journal of Financial Planning, Article 6, A Stages Model for Planning Retirement Income Distribution, Michael D. Everett, et al., 10 pages, Jun. 2003.
Transamerica Life Insurance Company; Transamerica Announces New Liberty Flexible Premium Variable Annuity with 5 for Life Rider; 2005 Transamerica Capital, Inc.; 1 page, Jan. 24, 2005.
Jackson National Life Insurance Company; Variable Annuities; Perspective II; Features and Benefit Options Guide; VADV10871; pp. 1 to 25, Nov. 2004.
USAllianz High Five Variable Annuity Prospectus; A Flexible Payment Variable Annuity: Allianz Life Variable Account B; Allianz Life. The best at next, pp. 1 to 80, Apr. 29, 2005.
Il Annuity & Insurance Co Separate Account 1; 485BPOS IL Annuity and Insurance Form N-4 Post-Effective; File No. 033-089028; GSI; LIVEDGAR Information Provided by Global Securities Information, Inc., pp. 1 to 99, Apr. 26, 1996.
Manufacturers Life Insurance Co USA Separate Account H; 485APOS; The Manufacturers Life Insurance Company; GSI; LIVEDGAR Information provided by Global Securities Information, Inc., pp. 1 to 161, Mar. 1, 1999.
Prospectus MetLife Investors Insurance Company; MetLife; Class Variable Annuities VA; May 1, 2005.
I4Life ADVANTAGE, “Lincoln ChoicePlus Variable Annuities with I4LIFE@Advantage and Optional Guaranteed Income Benefit,” http://www.lfg.com/LincolnPageServer?LFGPage=/lfg/bdc/ prd/ann/i41/index.html&KPage—Action=PRIN..., 2 pages, Printed Jan. 25, 2005.
Manulife Financial, “Venture Combination Fixed and Variable Annuity,” Financial Planning Resources, Inc., 4 pages, Jul. 1999.
Brochure, “Optional Retirement Program Overview,” http://www6.ingretirementplans.com/ SponsorExtranet/UTexas/YourPlanHighlights/10UtexasORPovervie..., ING North America Insurance Corporation, 3 pages, © 2002-2004 Printed Jan. 25, 2005.
Brochure, “403(b) Tax Deferred Annuity (TDA) Overview,” http://www6.ingretirementplans.com/ SponsorExtranet/UTexas/YourPlarnHighlights/20UTexasTDA.html, ING North America Insurance Corporation, 3 pages, © 2002-2004 Printed Jan. 25, 2005.
Brochure, “ORP and TDA Payout Options,” http://www6.ingretirementplans.com/SponsorExtranet/ UTexas/YourPlanHighlights/30Utexas Payout.html, ING North America Insurance Corporation, 1 page, © 2002-2004 Printed Jan. 25, 2005.
Brochure, “TDA Fund Options,” http://www6.ingretirementplans.com/SponsorExtranet/UTexas/ AboutYourInvestments/20UTexasTDAfun..., ING North America Insurance Corporation, 4 pages, © 2002-2004 Printed Jan. 25, 2005.
White Paper, “Manulife Offers Payout Floor on Variables,” Best's Review—Life-Health Insurance Edition, BestWire, 1 page, Jul. 20, 1998.
GSI, “Variable Annuity Account B of ING Life Ins & Annuity Co,” 485BPOS, Aetna Life Insurance and Annuity Company Form N-4, ww

Affiliated with

Also associated with

Rating

Financial instrument utilizing a customer specific date does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Financial instrument utilizing a customer specific date, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Financial instrument utilizing a customer specific date will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4201963