首页>
外国专利>
Method for determining an optimal and tailored lifetime income and death benefit package
Method for determining an optimal and tailored lifetime income and death benefit package
展开▼
机译:确定最佳和量身定制的终生收入和死亡抚恤金的方法
展开▼
页面导航
摘要
著录项
相似文献
摘要
An annuitant is able to select and optimize the allocation of a premium for insurance coverage between lifetime income benefits for the annuitant and death benefits to the annuitant's beneficiaries. A set of underwriting factors is established to provide the insurance coverage and value both the lifetime income to the annuitant and the death benefits payable to the beneficiaries. These factors include anticipated investment returns on the premium paid for the coverage, and which are used for both the income and death benefit components of the coverage. The annuitant uses these to derive a combination of lifetime income for the annuitant and death benefits available to the annuitant's beneficiaries. To do so, the annuitant inputs personal information including minimum dollar death benefit acceptable to the annuitant if the annuitant's death occurred immediately after the issue of the coverage, and the minimum death benefit to the designee if the annuitant's death occurs on or after some future date. This generates a solution showing the dollar death benefits payable in a lump sum to the beneficiaries at various possible dates of death into the future, as well as the corresponding lifetime income available for the annuitant.
展开▼