Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2002-01-22
2010-02-16
Dass, Harish T (Department: 3692)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S037000, C705S038000, C705S03600T, C705S039000
Reexamination Certificate
active
07664700
ABSTRACT:
A system for and method of administering payouts under an individual annuity contract is provided. In accordance with one embodiment of the present invention, a computer system is provided which includes a memory for storing individual annuity contract data relating to a individual annuity contract which provides the contract owner with the option to withdraw principal from the annuity during the payout phase, and a processor programmed to process and issue principal payouts as selected by the annuitant.
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Dass Harish T
Fields Benjamin S
The Guardian Life Insurance Company of America
Winston & Strawn LLP
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