Patent ID: 8126802

Claim:
A computer system for managing financial funding of a finite insurance policy provided by an insurer to an insured, the system comprising: means for storing a fixed amount of the financial funding as an amount payable by the insured for a calculation period; means for storing an index value based on a volatile indicator; means for selecting, depending on the index value, from a variable amount of the financial funding being payable by the insured for the calculation period and an insured loss being payable by the insurer to the insured for the calculation period; means for calculating, based on the index value, the variable amount or the insured loss, respectively, based on a result of the selecting; and means for storing the variable amount, as an amount payable by the insured for the calculation period, or the insured loss, as an amount payable by the insurer to the insured for the calculation period, respectively, based on the result of the selecting.