Abstract: A method of providing for a future stream of payments solely to a beneficiary who survives an insured utilizes data including the ages of both the insured and one specific beneficiary to define a premium for providing funding for the potential future liability to the specific beneficiary.
Type:
Grant
Filed:
May 24, 1995
Date of Patent:
May 19, 1998
Assignee:
Century Associates L.L.C.
Inventors:
Bennett R. Anderson, Dean M. Potter, Thomas A. Dearmon