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:
Jan. 01, 2013
Filed:
Nov. 07, 2008
Daniel R. Guilbert, Simsbury, CT (US);
David P. Wiland, South Windsor, CT (US);
Xiaobo Zhou, Simsbury, CT (US);
Jennifer Lynn Healy, Avon, CT (US);
Daniel R. Guilbert, Simsbury, CT (US);
David P. Wiland, South Windsor, CT (US);
Xiaobo Zhou, Simsbury, CT (US);
Jennifer Lynn Healy, Avon, CT (US);
Hartford Fire Insurance Company, Hartford, CT (US);
Abstract
A guaranteed minimum accumulated benefit (GMAB) variable annuity contract management apparatus stores contract data on GMAB variable annuity contracts having a predetermined contract duration. The apparatus also stores fund data on amounts paid to purchase the contracts. The apparatus computes a portion of the amounts paid that is to be allocated to a bond fund. The apparatus stores data on the portion of the amounts paid to be allocated to the bond fund. A substantial portion, or all, of the bond fund is invested in bonds that have a maturity date that matches the contract duration of the GMAB variable annuity contracts.