Kris A Robbins

US Patent:

20070174169, Jul 26, 2007

Filed:

Jan 16, 2007

Appl. No.:

11/623413

Inventors:

Kris Robbins - Topeka KS, US

International Classification:

G06Q 40/00

US Classification:

70503600R

Abstract:

A method of administering an annuity to create incentives for an annuity holder to perform one or more pre-selected acts includes implementing a policy role to the annuity upon receiving a rider application by the annuity holder, affecting the annuity in a first manner upon implementing the policy role, and affecting the annuity in a second manner upon the one or more pre-selected acts being performed by the annuity holder. In an embodiment, one pre-selected act may include applying for a credit card. A system for implementing an incentive-creating annuity program includes first and second servers in communication via a network. The first server has a processor, an input device, and software for accessing and altering annuity information. The software includes commands for altering the annuity information in a first way upon sending first predetermined data to the second server and altering the annuity information in a second way upon receiving second predetermined data from the second server.

US Patent:

7251623, Jul 31, 2007

Filed:

Jun 29, 2000

Appl. No.:

09/606495

Inventors:

Richard K Ryan - Carbondale KS, US
Brandt Thomas Brock - Auburn KS, US
Gregory J. Garvin - Topeka KS, US
Stéphane Goyer - Topeka KS, US
Brenda Marie Harwood - Topeka KS, US
Amy Jo Lee - Lawrence KS, US
Mary Elaine Nestor - Topeka KS, US
Karen S. Plush - Topeka KS, US
Kris Alan Robbins - Topeka KS, US

Assignee:

Security Benefit Life Insurance Company - Topeka KS

International Classification:

G06Q 40/00

US Classification:

705 35, 705 36

Abstract:

A financial security product and method for managing a financial security, such as a variable annuity, which enables financial service providers to deduct the fees, costs and expenses associated with managing the financial security product. In a preferred embodiment, the method enables financial service providers to provide optional benefits to investors of a financial security without the need for maintaining separate unit prices for each potential combination of optional benefits. The method comprises periodically declaring a dividend with respect to the financial security and deducting at least a portion of the fees associated with managing the financial security from the declared dividend. The amount of the fees can vary depending upon the number of optional benefits, if any, selected to be provided with the financial security by the investor. In a preferred embodiment, any remaining dividend after the fees have been deducted is reinvested into the financial security.

Address:

14914 Landmark Dr, Louisville, KY 40245

VIN:

1J8FA54108L536781

Make:

JEEP

Model:

WRANGLER

Year:

2008