Invention Grant
- Patent Title: Method and system for an annuity with periodic interest rate adjustments
- Patent Title (中): 具有周期利率调整年金的方法和系统
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Application No.: US11986962Application Date: 2007-11-27
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Publication No.: US07996291B2Publication Date: 2011-08-09
- Inventor: Simpa Baiye
- Applicant: Simpa Baiye
- Applicant Address: US CT Hartford
- Assignee: Hartford Fire Insurance Company
- Current Assignee: Hartford Fire Insurance Company
- Current Assignee Address: US CT Hartford
- Agency: Howard IP Law Group, PC
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
A data processing method administers an annuity product for an annuitant. The annuity product has a guaranteed minimum interest rate. Administration is such that the annuity product provides periodic interest rate adjustments. The adjustments are a function of changes in the prevailing market interest rates, based on reliable economic metrics such as the Consumer Price Index and short and long term Treasury rates.
Public/Granted literature
- US20080189223A1 Method and system for an annuity with periodic interest rate adjustments Public/Granted day:2008-08-07
Information query
