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:
Mar. 12, 2013
Filed:
Feb. 06, 2007
Jacob M. Herschler, Southport, CT (US);
Daniel O. Kane, Florham Park, NJ (US);
N. David Kuperstock, Woodbridge, CT (US);
Robert Francis O'donnell, Harwinton, CT (US);
Steven Lee Putterman, West Hartford, CT (US);
Dain Eric Runestad, Woodbridge, CT (US);
Robert J. Schwartz, West Granby, CT (US);
Nicholas Berardis, Jr., Middlebury, CT (US);
John L. Grucza, Southington, CT (US);
Michael Albert Guido, Southbury, CT (US);
J. Scott Dunn, Rocky Hill, CT (US);
Jacob M. Herschler, Southport, CT (US);
Daniel O. Kane, Florham Park, NJ (US);
N. David Kuperstock, Woodbridge, CT (US);
Robert Francis O'Donnell, Harwinton, CT (US);
Steven Lee Putterman, West Hartford, CT (US);
Dain Eric Runestad, Woodbridge, CT (US);
Robert J. Schwartz, West Granby, CT (US);
Nicholas Berardis, Jr., Middlebury, CT (US);
John L. Grucza, Southington, CT (US);
Michael Albert Guido, Southbury, CT (US);
J. Scott Dunn, Rocky Hill, CT (US);
The Prudential Insurance Company of America, Newark, NJ (US);
Abstract
One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account and on a first periodic basis: determining a specified percentage of the value of the financial account, determine the greater of a particular limit and the highest value of the financial account multiplied by the specified percentage on a second periodic basis, and in response to a determination that the highest value of the financial account multiplied by the specified percentage on the second periodic basis is greater than the particular limit, stepping-up the particular limit to equal the highest value of the financial account multiplied by the specified percentage on the second periodic basis.