Paul Clayton Wetmore

US Patent:

20130173312, Jul 4, 2013

Filed:

Dec 21, 2012

Appl. No.:

13/724077

Inventors:

METROPOLITAN LIFE INSURANCE CO. - New York NY, US
Paul Wetmore - Bridgewater NJ, US

Assignee:

METROPOLITAN LIFE INSURANCE CO. - New York NY

International Classification:

G06Q 40/08

US Classification:

705 4

Abstract:

The present disclosure comprises a method implemented on a program-controlled computer processor and a system for generating and processing life insurance policies with a whole life component and a term life component. In one embodiment, the system will provide a rider (or “flex term rider”) for whole life policies that allows the initial policy to be blended with term life insurance. The percentage of the term life coverage may vary; for example, 50% of the coverage can be term life insurance. The lower the percentage of term life in the product blend, the higher the premiums will be.

Address:

5719 Becton Park Dr, Charlotte, NC 28227

VIN:

JM1BK32G471637377

Make:

MAZDA

Model:

MAZDA3

Year:

2007