Automatically administering a non-disinvesting policy loan...

Details Automatically administering a non-disinvesting policy loan... Automatically administering a non-disinvesting policy loan...

G - Physics

06

Q

G06Q 40/00 (2006.01)

Patent

CA 2504684

A computerized system and method for administering non-disinvesting policy loans on insurance contracts. Grant or denial of a non-disinvesting policy loan on an insurance contract is based on market conditions and specific policy data. The invention administers such a loan in compliance with state insurance laws and security requirements, including the transfer of funds among policy sub-accounts without liquidating the funds before transfer and/or the transfer of non-disinvesting policy loans to standard policy loans as appropriate.

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