Patent №
US 6,304,859
Granted
2001-10-16
Filed 1998
Owner
EVERGREEN GROUP INCORPORATED
+1 more
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09193366
A system and process linking an external computer with an illustration system of an insurance carrier and a system of an independent lending institution, via modem, to determine the optimal premium structure for a contemplated variable life insurance product using a portion of the policy owner's money and a lending institution loan to finance the premium. The system and process can also provide for simultaneously tracking several variable life insurance policy cash values to ensure each individual policy cash value is adequate for collateral purposes.
AI classification
Ownership
EVERGREEN GROUP INCORPORATED
assignment · 112880869
HARTFORD FIRE INSURANCE COMPANY
assignment · 244240671
Assignors
RYAN, RAYMOND B., ENGEL, WENDY J., MELAMED, SAMMUEL
On an employer assignment, the assignors are typically the inventors.