Provision of financial benefits associated with investment products
AssigneeJackson National Life Insurance Company
InventorsJames L. Livingston, Steven M. Kluever, Clifford J. Jack
Life of this patent
Estimating the term…
Abstract
A variable annuity or other investment vehicle may be offered that invests in a single public mutual fund to allow an investor to be taxed on a non-deferred capital gains basis as opposed to a tax-deferred income basis. Additionally or alternatively, an insurance policy may be wrapped around, or otherwise associated with, the variable annuity or other investment vehicle.
Claims22
A method, comprising establishing an insurance policy on an investment account directly owned by an individual.
A method, comprising:
- selling an investment product to each of a plurality of investors;
- for only a subset of the plurality of investors, establishing a contract with each investor of the subset that guarantees a minimum amount of money to that investor;
- for each of the subset of investors, transferring to that investor an amount of money that is at least the minimum amount each of a plurality of times on a periodic basis;
- and
- deducting at least a portion of the transferred amount from a value of the investment product sold to that investor of the subset of investors.
A method, comprising:
- determining whether a value of an investment by an individual investor is zero;
- and
- in response to determining that the value is zero, paying a non-zero amount to the individual investor.
A method, comprising establishing an insurance policy on an investment account, wherein for tax purposes the investment account is treated as if directly owned by an individual.
A method, comprising establishing an insurance policy on an investment, wherein the investment is purchasable separately from the insurance policy.
A method, comprising:
- selling to a first individual investor an investment that includes insurance on the investment;
- and
- selling to a second individual investor the investment without insurance on the investment.
Dependencies are inferred from the claim text.