Flexible annuity settlement proposal generating system

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Insurance

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

G06F15700

Patent

active

060649690

ABSTRACT:
An investment system includes a computer-implemented annuity system generating annuity proposals for customers. The annuity system includes a memory storing customer information input from a customer and annuity information, and a processor, connected to the memory. The processor retrieves the customer and annuity information from the memory, and generates an annuity proposal responsive to the customer and annuity information. According to the annuity system, the annuity proposal includes one of fixed period installments, life, joint and survivor, joint and contingent and proceeds at interest annuities. The proceeds at interest annuity may also be viewed as a flexible Certificate of Deposit (CD) investment proposal for use by companies providing banking services.

REFERENCES:
patent: 3634669 (1972-01-01), Soumas et al.
patent: 3749892 (1973-07-01), Stenning
patent: 4055757 (1977-10-01), Tillman et al.
patent: 4334270 (1982-06-01), Towers
patent: 4642768 (1987-02-01), Roberts
patent: 4722055 (1988-01-01), Roberts
patent: 4750119 (1988-06-01), Cohen et al.
patent: 4750121 (1988-06-01), Halley et al.
patent: 4831526 (1989-05-01), Luchs et al.
patent: 4969094 (1990-11-01), Halley et al.
patent: 5136502 (1992-08-01), Van Remortel et al.
patent: 5189608 (1993-02-01), Lyons et al.
patent: 5220500 (1993-06-01), Baird et al.
patent: 5222019 (1993-06-01), Yoshino et al.
patent: 5231571 (1993-07-01), D'Agostino
patent: 5245536 (1993-09-01), Hsieh
patent: 5291398 (1994-03-01), Hagan
The Purchased life annuity-Not so Boring After All Planned Savings (PSVGS), Aug. 27, 1990 p.: 31-35, Dialog file 772, Accession No. 05149511.
Brian Potter, "The Role of Annuities in Life Assurance Insurance Age (IAGE)", Apr. 24, 1990, p.:24, Dialog file 772, Accession No. 04647289.
"Life Support Plus 4.2", DataPro Accession No. 00242936, Vendor: Genelco, Inc., Dialog file 751, Accession No. 00242936.
Lawrence et al, "Taylor Your Coverage to Changing Needs (Life Insurance) . . . ", Medical Economics, v 68, n 20, p 51 (8), Dialog File 148, Acc. #05527396, Oct. 1991.
Akira, "Sales System and Information Processing System to Execute and Operate the Same", Mar. 3, 1995, Japan Abstract.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Flexible annuity settlement proposal generating system does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Flexible annuity settlement proposal generating system, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Flexible annuity settlement proposal generating system will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-267654

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.