System and method for insuring against tax liabilities
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United States of America Patent
Stats
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Mar 30, 2010
Grant Date -
Jun 23, 2005
app pub date -
Oct 8, 2004
filing date -
Oct 8, 2003
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A product, and preferably an insurance product, whereby the product benefits reimburse the purchaser for those risks associated with a potential change in the taxation of insurance policies. Another aspect is a method to determine a benefit amount and a policy price based upon future potential changes in the tax laws. A computer system which receives as its inputs policy data, owner data and insured data and uses that data to calculate benefits, price those benefits and provide as part of its output the price of the policy and a full description of those benefits.
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