Company Filing History:
Years Active: 1999
Title: Michael Feldstein: Innovator in Financial Solutions
Introduction
Michael Feldstein is an accomplished inventor based in Newton, MA (US). He has made significant contributions to the field of financial technology, particularly in providing innovative solutions for individuals with life insurance policies.
Latest Patents
Feldstein holds a patent for a "System and method for providing a line of credit secured by an insurance policy." This system is designed to offer loans to owners of life insurance policies who are terminally ill or aged. It comprises a statistical module, medical module, and financial module that work together to determine eligibility and the line of credit for the insured. The system allows policyholders to retain ownership of their policies while providing them with a line of credit based on their specific circumstances.
Career Highlights
Michael Feldstein is associated with Minerva Corp., where he has been instrumental in developing financial solutions that cater to a vulnerable demographic. His work has paved the way for more accessible financial options for those in need.
Collaborations
Feldstein has collaborated with notable colleagues, including Walter Baronowski and Robert Meenan, to enhance the effectiveness of his innovations.
Conclusion
Michael Feldstein's contributions to financial technology demonstrate his commitment to improving the lives of individuals with life insurance policies. His innovative patent reflects a deep understanding of the intersection between healthcare and finance.