Is a
Patent attributes
Patent Jurisdiction
Patent Number
Date of Patent
December 15, 2009
Patent Application Number
10024585
Date Filed
December 21, 2001
Patent Primary Examiner
Patent abstract
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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