Method for financing future needs

A method for financing future intentions of a first party ( 1, 15 ) pursuant to a first contract ( 4, 18 ) with a second party ( 2, 16 ) for a specified monetary sum. A contract ( 5, 19 ) involving a variable annuity is obtained from a third party ( 3, 17 ). A guaranteed benefit equal to at least th...

Full description

Saved in:
Bibliographic Details
Main Author LANG ALAN J
Format Patent
LanguageEnglish
Published 21.04.2005
Edition7
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
Online AccessGet full text

Cover

More Information
Summary:A method for financing future intentions of a first party ( 1, 15 ) pursuant to a first contract ( 4, 18 ) with a second party ( 2, 16 ) for a specified monetary sum. A contract ( 5, 19 ) involving a variable annuity is obtained from a third party ( 3, 17 ). A guaranteed benefit equal to at least the specified monetary sum is paid to the second party by the third party to pay for the fulfillment of the future intentions of the first party. The variable annuity has a guaranteed annual increase.
Bibliography:Application Number: US20040905275