Patents by Inventor David P. Wiland

David P. Wiland has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method and system for an enhanced step-up provision in a deferred variable annuity with a rising guaranteed step-up
    Publication number: 20090030823
    Abstract: A computer implemented data processing system and method administers a deferred variable annuity contract during the accumulation phase for a relevant life. The annuity contract has a payment base value, a contract value, and a step-up provision. Administration of the product determines whether a step-up of the payment base value is applicable. If applicable, the product determines a step-up, wherein the step-up is guaranteed at a predetermined percentage. The investments of the deferred variable annuity contract are not limited to a specific asset allocation in order to qualify for the step-up provision.
    Type: Application
    Filed: November 9, 2007
    Publication date: January 29, 2009
    Inventors: Charles D. Tatro, David P. Wiland