System for appraising life insurance and annuities
A method and system of appraising a life insurance or annuity product includes receiving a request for a life insurance or annuity product and information about a party requesting the life insurance or annuity product; preparing a bid solicitation for the life insurance or annuity product based on t...
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| creator | Kendall, Errol O Brooks, Jr, James C Stein, Robert W French, Douglas A de Regnaucourt, Francis Kohen, Sharyn R Ratner, Charles L Glacy, Jr, Anson J |
| description | A method and system of appraising a life insurance or annuity product includes receiving a request for a life insurance or annuity product and information about a party requesting the life insurance or annuity product; preparing a bid solicitation for the life insurance or annuity product based on the request and information and transmitting the bid solicitation to a plurality of product carriers; a plurality of product carriers submitting initial proposals for providing the life insurance or annuity product; generating ratings for the initial proposals, respectively; and generating appraisals for the initial proposals; and informing the product carriers of the decision. |
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| title | System for appraising life insurance and annuities |
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