Method of computerized administration of a life insurance plan u

Details Method of computerized administration of a life insurance plan u Method of computerized administration of a life insurance plan u

1993-04-05

1995-07-04

Mancene, Gene

Education and demonstration

Business or economics

G09B 1918

Patent

active

054295068

ABSTRACT:
A system and method which links a premium paying corporate life insurance plan with a voluntary employee group life plan. The system and process manage a split of premiums of a single life insurance policy between an employer and an employee in such a way as to provide an employee with a designated death benefit but also to allow the employer to invest funds in the cash value of the single life insurance contract to fund the group life benefit.

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patent: 5235507 (1993-08-01), Sackler et al.
patent: 5241466 (1993-08-01), Perry et al.

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