Method for financing future needs

• Main Author: LANG ALAN J
• Format: Patent
• Language: English
• Published: 21.04.2005
• Edition: 7
• 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

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...