The Prudential Insurance Company of America Patent applications |
Patent application number | Title | Published |
20140036301 | SYSTEM AND METHOD FOR MULTIPLE LOCATION, ON DEMAND PRINTING - A printer for connection to a network to print documents residing on parts of the network has a connector for connection to the network, a log-in facility for a user to log in to the printer, a display for displaying a list of documents stored on a selected portion of a storage device on the network, and a print initiator to cause a selected document from the list of documents to be printed. The log-in facility, the display and the print initiator can be an integral part of the printer. Alternatively they can be a part of an apparatus connected between the network and the printer with the apparatus being other than a general purpose computer. A mobile telephone can have an application thereon for causing printing of documents by executing the steps of logging on, displaying a list of documents, and initiating printing of a selected document. | 02-06-2014 |
20120284205 | SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR ALLOCATING ASSETS AMONG A PLURALITY OF INVESTMENTS TO GUARANTEE A PREDETERMINED VALUE AT THE END OF A PREDETERMINED PERIOD - A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary. | 11-08-2012 |
20120215716 | Financial Instrument Transferable from an Employer to an Employee - According to one embodiment, a method for administering a financial instrument includes storing a balance of an employee retirement plan account created for an employee and owned by an employer of the employee. The employee retirement plan account includes one or more variable investments. The balance of the employee retirement plan account is based, at least in part, on an initial deposit into the employee retirement plan account from a deduction from wages paid by the employer to the employee. The method also includes storing a minimum positive growth rate. The method further includes updating the stored balance of the employee retirement plan account based on market performance of the one or more variable investments. The method further includes calculating a protected value, and, upon occurrence of one or more events, transferring ownership of the employee retirement plan account from the employer to the employee. | 08-23-2012 |
20110145170 | Financial Instrument Utilizing an Optional Benefit Election - According to one embodiment of the invention, a financial instrument includes an account with an account balance that changes over time, wherein at least part of the account balance may be discretionarily withdrawn and wherein the initial account balance is based upon an initial deposit; a guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of a first designated party, wherein the transfer may be due to withdrawal from the account or due to benefit payments made to the beneficiary, provided that the amount may vary based upon withdrawals from the account in excess of a particular limit; and an option to modify the guarantee such that upon election the beneficiary may periodically receive the transfer of the amount of money for the longer of the life of the first designated party and the life of a second designated party. | 06-16-2011 |
20110145169 | System and Method for Providing a Financial Instrument Utilizing a Liability Ratio - One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account, calculating a liability ratio for the financial account, and determining whether to transfer at least a portion of the account balance from a variable sub-account to a low-risk sub-account based on the liability ratio. | 06-16-2011 |
20100332365 | Financial Instrument Providing a Guaranteed Growth Rate and a Guarantee of Lifetime Payments - A method for providing a financial instrument includes determining an initial account balance associated with a financial instrument based upon an initial deposit amount, wherein the financial instrument includes an account with an account balance that changes over time. The method further includes establishing a first guarantee of a protected value, the protected value including at least an amount based upon the initial account balance growing at a minimum growth rate for a defined period of time or until one or more defined events occur, whichever is sooner; and establishing a second guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of a designated party, wherein the amount comprises a percentage of the protected value at the time of a particular event, provided that the amount may vary based upon withdrawals from the account in excess of a first particular limit. | 12-30-2010 |
20100318473 | System, Method, and Computer Program Product for Cost Effective, Dynamic Allocation of Assets Among a Plurality of Investments - A system, method, and computer program product for dynamic, cost effective reallocation of assets among a plurality of investment products comprising a processor, a memory and a computer program stored in the memory. The computer program implementing the present invention controls the reallocation of assets to reduce the transactions costs associated with rebalancing the investor's composite assets according to a composite asset allocation model. Information relating to the composite asset allocation model, the investor's assets, and the investor are stored in memory. Periodically, or upon occurrence of an event, the composite assets are evaluated to determine if rebalancing is necessary. If rebalancing is necessary, the transaction costs associated with the available transactions for performing the rebalancing are compared to select the most economically favorable transaction. Thus, the reallocation is achieved by selecting the least costly transaction that will serve to realize the composite asset allocation model, which is independent of the structure of the investor's portfolio among particular accounts or products. In addition, the computer program compares the available options for recovery of the transaction fees to select the most economically favorable means of recovering the fees associated with the transaction to further reduce the transaction cost of the reallocations. | 12-16-2010 |
20100228572 | System and Method for Managing a Group Insurance Policy - A method for providing a group life insurance policy with a plurality of certificates funded by a sponsor is provided. Each certificate provides a death benefit to at least one beneficiary designated by a person insured under the certificate. An initial payment is determined, which is to be paid by the sponsor in exchange for the certificates. At least a respective portion of the initial payment is allocated to each certificate. The method may further include monitoring for a non-death-related event that terminates a death benefit provided by a certificate. In response to detection of the event, a certificate is exchanged for a new certificate. The new certificate may provide a death benefit to at least one designated beneficiary. The exchanging of certificates may include reallocating to the new certificate at least a portion of the initial payment allocated to the one of the plurality of certificates. | 09-09-2010 |
20100228571 | System and Method for Managing a Group Insurance Policy - According to one embodiment, a method for managing a group life insurance policy with a plurality of certificates is provided. The group life insurance policy is at least partially funded by a financial account comprising one or more payments paid by a sponsor. The one or more payments are expected to fund the group life insurance policy for a multi-year period. The group life insurance policy is configured to provide life insurance coverage for a plurality of persons pursuant to the plurality of certificates. | 09-09-2010 |
20100217627 | System and Method for Facilitating Management of a Financial Instrument - A computer-implemented method for facilitating the management of a financial instrument includes determining an account balance for a financial account. The financial account includes an investment portfolio and a springing guarantee of an income base for a retirement income. The retirement income includes periodic monetary transfers to be commenced at a target retirement date. Each periodic monetary transfer has a respective value based on the income base. The springing guarantee of the income base may be activated on an activation date. The account balance is stored in memory of the data processing system. The stored account balance is periodically updated based at least in part on market performance of the investment portfolio. Using a computing system, the activation date is determined based at least in part on the target retirement date and the income base is determined. A respective value is outputted for each one of the periodic monetary transfers. The respective value of each one of the periodic monetary transfers is based on the value of the stored income base at a time proximate the one of the periodic monetary transfers. | 08-26-2010 |
20100185560 | System, Method, and Computer Program Product for Allocating Assets Among a Plurality of Investments to Guarantee a Predetermined Value at the End of a Predetermined Period - A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary. | 07-22-2010 |
20100121779 | Systems and Methods for Transferring Risk Associated With a Financial Plan - One embodiment of the disclosure is a method, performed by a sponsor offering a financial plan to a customer, for transferring risk associated with a financial plan that includes receiving indemnification from an issuer managing the financial plan, such that the indemnification indemnifies the sponsor of the financial for one or more claims brought by the customer of the financial plan and associated with a financial account, such that the financial account is associated with the financial plan and comprising one or more financial investments. The method further includes generating a notice to the customer, such that the notice notifies the customer of the customer's enrollment in the financial plan unless the customer elects to opt out of one or more features of the financial plan, such that the notice includes an opt-out. The method further includes storing an acknowledgement of the opt-out by the customer. | 05-13-2010 |
20100121778 | Systems and Methods for Providing a Secure Financial Plan - One embodiment of the disclosure is a method for providing a secure financial plan that includes allocating all or a portion of a financial contribution to a financial account having a plurality of financial investments, periodically distributing a balance of the financial account such that a first portion of the balance of the financial account is invested in one or more investments from the of the high risk investment category and a second portion of the balance of the financial account is invested in one or more investments from the low risk investment category, such that a ratio of the first portion to the second portion is generally decreased over a period of time. The method further includes determining a base value, calculating a protected value, and an income amount based on the protected value that a beneficiary is guaranteed to receive on a periodic basis. | 05-13-2010 |
20080288336 | METHOD AND SYSTEM FOR MANAGING REAL PROPERTY TRANSACTIONS HAVING INTERNET ACCESS AND CONTROL - In general, the invention is directed to a system for managing real estate transactions that includes a data interface and an application server. The data interface is configured to access property data for a number of properties listed for sale. The application server operatively connected to the data interface and configured to monitor a first search activity of a first buyer, where the first search activity is associated with at least one of the number of properties and monitor a second search activity of a second buyer, where the second search activity is associated with the at least one of the number of properties. The application server is further configured to generate an activity alert providing notification of the first search activity and the second search activity to a seller, where the at least one of the number of properties is listed for sale for the seller. | 11-20-2008 |