Methods and apparatus for funding future liability of uncertain cost
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United States of America Patent
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-
Feb 10, 1987
Grant Date -
N/A
app pub date -
Mar 8, 1984
filing date -
Mar 8, 1984
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
Methods and apparatus for funding a future liability by means of an insurance investment program. The system estimates the expected cost of the liability when the liability is expected to occur and computes the present value of each unit of insurance needed to yield that expected cost at maturity. The system also aids the insurance fund manager in making decisions regarding investment of fund assets in order to meet present and future obligations of the fund.
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