Patent ID: 7818226

Claim:
A method of data processing in a data processing system, the method comprising: the data processing system issuing an insurance policy that is a funding contract providing, in exchange for a premium, a guaranteed fixed policy benefit without limitation of term to compensate for end-of-lifetime activities for a non-human facility at an end of a lifetime of the facility, wherein an amount of the fixed policy benefit is based upon an expected return on investment of the premium, and wherein the insurance policy designates, as primary beneficiary of the insurance policy, a service company, different from a policy purchaser, that agrees to fund the end-of-lifetime activities for the facility in exchange for being designated as primary beneficiary of the insurance policy; prior to issuing the insurance policy, the data processing system: receiving premium-determinative data regarding the facility; and automatically determining the premium based upon the premium-determinative data and independently of a production associated with the facility; and in conjunction with the insurance policy, the data processing system generating a service contract that obligates the service company to fund the end-of-lifetime activities in exchange for designation in the insurance policy as primary beneficiary of the insurance policy.