METHODS AND APPARATUS FOR FUNDING FUTURE LIABILITY OF UNCERTAIN COST

Patent №

US 4,722,055

Granted

1988-01-26

Filed 1987

Owner

COLLEGE SAVINGS BANK

Lab

AI components

3

planning · evo · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

07012051

Methods and apparatus for funding a future liability by means of an insurance investment program. The system estimates the expected cost of the liability when the liability is expected to occur and computes the present value of each unit of insurance needed to yield that expected cost at maturity. The system also aids the insurance fund manager in making decisions regarding investment of fund assets in order to meet present and future obligations of the fund.

AI classification

Planning1.00
Evolutionary computation0.92
AI hardware0.58
Knowledge representation0.10
Natural language0.01
Machine learning0.00
Vision0.00
Speech0.00

Ownership

COLLEGE SAVINGS BANK

assignment · 47610090

Assignors

ROBERTS, PETER A.

On an employer assignment, the assignors are typically the inventors.

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