Computer system and methods for management, and control of annuities and distribution of annuity payments
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United States of America Patent
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Oct 21, 2003
Issued Date -
N/A
app pub date -
Feb 25, 2000
filing date -
Aug 26, 1998
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Abstract
A computer system and methods for management and control of annuities and distribution of annuity payments is presented which enables transfer of funds between annuities, whether variable or fixed, without incurring payment discontinuity, while providing for allocation of interest risk, investment risk, and mortality risk between insurer and insured.
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