Frank B Turner

Frank B Turner is a renowned inventor, based in Charlotte, NC, who has contributed significantly to the field of finance and insurance. He is a patent holder with three patents to his name. His latest inventions and patents are Equity Protection and Pre-funded Health Insurance.

Equity Protection is a groundbreaking invention in providing borrowers with a product to safeguard their equity investment in the event of a housing market downturn. This system enables borrowers to keep their equity increase or remain stable, even if the market conditions are not favorable. The payoff amount of the borrower's loan may be reduced to compensate for the change in the home's market value. This invention helps the borrowers to tide over challenging financial situations.

Pre-funded health insurance is yet another remarkable invention of Frank B Turner. This patent provides the intermediary with the capability of offering pre-funded health insurance to consumers. The intermediary receives information regarding the consumer's income, age, health characteristics, and risk factors, and the insurance coverage desired. Based on this information, the intermediary can determine the consumer's retirement date and create a custom plan for the consumer that can last post-retirement. The intermediary will pay insurance premiums to health care providers on behalf of the consumer.

Frank B Turner works in an esteemed financial institution called Bank of America Corporation, specializing in providing services in banking, investing, and other financial and risk management activities to clients globally. His coworkers in the company are Debashis Ghosh and Sudeshna Banerjee, who work in various roles in this reputable institution.

Frank B Turner's contributions to the insurance industry and the financial sector are highly commendable. His inventions and patents are a testament to his creativity in addressing issues in the industry. His notable works have undoubtedly earned him recognition, and his innovations will motivate and inspire upcoming inventors and innovators.