Patent ID: 8620695
Filing Date: 2013-12-31
Classification: G06Q

Abstract:
1. A method for maintaining a value of a life insurance policy comprising a policy value account and an associated death benefit, the method comprising: determining, by a processor of a computer, a first cash value of a policy account; determining, by the processor, a first value of a death benefit associated with the life insurance policy, wherein: determining, by the processor, a change in the value of the life insurance policy, determining, by the processor, a first portion of the change in value of the life insurance policy to distribute to the policy value account; increasing, by the processor, the first value of the policy value account by the first portion; determining, by the processor, a second portion of the change in value of the life insurance policy to distribute now or in the future to pay for the death benefit; and increasing, by the processor, the first value of the death benefit by an amount based at least in part on the amount of death benefit that could be paid for by the second portion.