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Massachusetts Mutual Life Insurance Company
| Massachusetts Mutual Life Insurance Company Patent applications | ||
| Patent application number | Title | Published |
|---|---|---|
| 20120130913 | Pay-To-Play Compliance System and Method - A system and method for ensuring compliance with pay-to-play laws. In one embodiment of the invention, the computer-implemented method of facilitating compliance with pay-to-play laws of different jurisdictions having varying requirements, comprises the steps of: creating, on a computer system, at least one question related to compliance with pay-to-play laws; storing, in a database, the at least one question related to compliance with pay-to-play laws; storing, in a database, at least one restriction related to compliance with pay-to-play laws; presenting the at least one question to a first user; receiving an answer from the user in response to the at least one question; determining a compliance status, using the computer system, based on a comparison between the answer and the at least one restriction; sending the compliance status to an output device of the computer system; and storing all inputted data and responses for reporting or regulatory compliance use. | 05-24-2012 |
| 20110184767 | Systems and methods for providing a combination financial product - The present invention relates to systems and methods for administering combination annuity products and to combination annuity products themselves. Certain embodiments of the invention can be used in connection with variable universal life insurance and variable life insurance contracts. | 07-28-2011 |
| 20110131150 | System and Method for Providing Secure Retirement Benefits Via a Conversion Process - A method for providing a person with a secured retirement program employs a computerized system to allocate assets owned by a person towards purchase of retirement benefits. The system selects at least one desired retirement benefit from a group of available retirement benefits. A user may specify a conversion period for allocating the assets to the selected benefits during this conversion period. The system allocates portions of the assets towards purchasing a fraction of the selected benefits at selected intervals within the conversion period. Thereafter, the system calculates benefit payments corresponding to the selected retirement benefits to the person during and after the conversion period, wherein the benefit payments during the conversion period is from contributions made from the assets and the purchased benefits, and the benefit payments after the conversion period are provided by the purchased benefits. | 06-02-2011 |