Method and system for providing a fixed rate annuity with a lock-in interest rate feature
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Feb 9, 2010
Grant Date -
Oct 16, 2008
app pub date -
Apr 16, 2007
filing date -
Apr 16, 2007
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A data processing method and system administers a deferred annuity product during the accumulation phase of a contract term. The annuity product permits the client to select both an interest rate which is reset periodically (reset rate) and an interest rate which is guaranteed for multiple years (MYG rate), during the same contract term. The client may elect to automatically switch from the reset rate to the MYG rate, for the remainder of the contract term, when the reset rate falls below the MYG rate.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully