Method and system for inverse life annuity
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United States of America Patent
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N/A
Issued Date -
Jan 13, 2005
app pub date -
Jul 10, 2003
filing date -
Jul 10, 2003
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A computer based method for investing that includes causing the formation of an agreement for the transfer of benefits of an insured's life insurance policy to a first entity and the transfer of premium payment obligations of the insured's life insurance policy to the first entity or a second entity in exchange for periodic payments for a period of time to at least one of an owner of the life insurance policy and a third entity, wherein the period of time is based on at least one of a fixed period and the life of the insured.
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Family
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