System for and method of variable annuity contract...

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

Reexamination Certificate

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C705S03600T

Reexamination Certificate

active

07853497

ABSTRACT:
A system for and method of variable annuity contract administration is provided. Each variable annuity contract includes a bonus investment credit percentage, withdrawal charge percentages less than or equal to the bonus investment credit percentage in all contract years, and level asset-based compensation to distributors. In accordance with the invention, data relating to variable annuity contracts are stored in a memory means. A processing means is configured to read and manipulate the stored data to administer the variable annuity contracts from issuance to payout.

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U.S. Appl. No. 10/054,192, filed Jan. 22, 2002; Inventor: Charles Gordon Fisher, III; Title: System For And Method Of Individual Annuity Payout Administration.

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