Loading patent…
AssigneeBancorp Services, L.L.C.
InventorsSeth C. Koppes, Edward J. Lanigan, William A. Meier, Richard M. Hurwitz, Chris J. Garlich, Mark A. Gilje, Scott L. Fargo
Estimating the term…
Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
A life insurance policy management system comprising:
A method for managing a life insurance policy comprising:
A computer readable media for controlling a computer to perform the steps of:
A computer system for administering an existing life insurance policy, including a stable value protected investment based on underlying securities of the stable value protected investment, the computer system comprising:
A method for managing a life insurance policy, including a stable value protected investment based on underlying securities of the stable value protected investment, the method comprising the steps of:
A life insurance policy management system comprising:
A method for managing a life insurance policy comprising:
A computer readable media for controlling a computer to perform the steps of:
Dependencies are inferred from the claim text.