Patent ID: 8660866

Claim:
A computer-implemented method, comprising: receiving, by a Process Administrator computer system, life insurance data for a plurality of life insurance policies associated with: (i) at least two policy owners, and (ii) at least 3000 insured lives and/or at least $500 million of assets, wherein the Process Administrator computer system comprises at least one computer machine that comprises a non-transient memory having at least one region for storing specific computer executable program code and wherein the at least one computer machine is specifically programmed to perform at least one step of the computer-implemented method; identifying, from the plurality of life insurance policies, by the Process Administrator computer system, at least one first life insurance policy that has at least one first catch-up deduction where the at least one first catch-up deduction equals at least one first insurance cost that exceeds at least one first maximum allowed insurance deduction that is deductible under the at least one first life insurance policy; classifying, by the Process Administrator computer system, the insured lives of the at least one first life insurance policy into a plurality of insured classes of the insured lives; determining, based on variable life insurance data of the life insurance data, at least one first investment amount in at least one first separate account associated with the plurality of life insurance policies identified in the variable life insurance data; receiving investment data resulted from investing, in at least one first investment option, at least a portion of the at least one first investment amount; calculating, by the Process Administrator computer system, at least one first investment return amount attributed to the at least one first life insurance policy based, at least in part, on: i) the investment data, and ii) a portion of the at least one first investment amount of the at least one first separate account that is attributed to the at least one first life insurance policy; determining at least one first net investment return amount to be credited to the at least one first life insurance policy based, at least in part, on: i) at least one first insured class from plurality of insured classes of the insured lives, ii) the at least one first investment return amount, and iii) the at least one first catch-up deduction; and transmitting the at least one first net investment return amount so as to result in crediting the at least one first net investment return amount to the at least one first life insurance policy.