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:
Apr. 02, 2013
Filed:
Sep. 15, 2004
Geoffrey S. Stiff, Richmond, VA (US);
Holly R. Snyder, Westerville, OH (US);
Joel A. Prough, Harvard, MA (US);
Brian E. Springer, Zionsville, IN (US);
Geoffrey S. Stiff, Richmond, VA (US);
Holly R. Snyder, Westerville, OH (US);
Joel A. Prough, Harvard, MA (US);
Brian E. Springer, Zionsville, IN (US);
Genworth Financial, Inc., Richmond, VA (US);
Abstract
The present invention provides a method for providing an annuity structure and a system for processing an annuity structure. The annuity structure may include a base portion segment, where the base portion segment is a functional annuity having a first annuity schedule; and a secondary portion segment, where the secondary portion segment is a functional annuity having a second annuity schedule. In the invention, the base portion segment and the secondary portion segment each operate as its own annuity. Also, the base portion segment and the secondary portion segment are each included in a single contract, i.e., under the umbrella of one contract.