The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 24, 2000
Filed:
Jul. 31, 1998
Richard A Hinckley, Jr, Bryn Mawr, PA (US);
Ace Limited, Hamilton, BM;
Abstract
A system for preventing cash flow losses for an insured entity including (a) a database for storing information including a base periodic cash flow amount for the insured entity; (b) a database for storing information including an actual periodic cash flow amount for the insured entity; (c) a comparator that compares the base periodic cash flow amount to the actual periodic cash flow amount and, if the actual periodic cash flow amount is less than the base periodic cash flow amount, calculates the difference between the base periodic cash flow amount and the actual periodic cash flow amount; (d) means for making a payment to the insured equal to the difference between the base periodic cash flow amount and the actual periodic cash flow amount if the base periodic cash flow amount is greater than the actual periodic cash flow amount.