Patent ID: 8620695

Claim:
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: the death benefit represents an amount paid to a designated beneficiary of the life insurance policy upon the death of an individual that is the policy holder of the life insurance policy, and a value of the insurance policy is based at least in part on the first value of the death benefit and the first cash value of the policy value account; determining, by the processor, a change in the value of the life insurance policy, wherein the change in value is based at least in part on: i) a plurality of first factors based on data for life insurance policies in a class of policies, wherein the class of policies comprises the life insurance policy, and ii) a plurality of second factors based on data for the individual that is the policy holder 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.