Michael W Gamble

US Patent:

6014632, Jan 11, 2000

Filed:

Apr 15, 1997

Appl. No.:

8/843345

Inventors:

Michael R. Gamble - Woodridge IL
Jerry D. Wilson - Kirkland WA

Assignee:

Financial Growth Resources, Inc. - Woodridge IL

International Classification:

G06F 1760

US Classification:

705 4

Abstract:

A method for using a digital electrical apparatus to electrically process signals in generating output for insurance documentation, the method including the steps of: in a digital electrical computer apparatus comprising a digital computer having a processor, the processor electrically connected to a memory device for storing and retrieving operations including machine-readable signals in the memory device, to an input device for receiving input data and converting the input data into input electrical data, to a visual display unit for converting output electrical data into output having a visual presentation, to a printer for converting the output electrical data into printed documentation, wherein the processor is programmed to control the apparatus to receive the input data and to produce the output data by steps including: defining a plurality of patient categories; and for each of the categories, determining a periodic duration-specific insurance benefit amount for long-term care patients; the method further including the step of inserting the periodic duration-specific insurance benefit amounts in a long-term care insurance policy.

US Patent:

6163770, Dec 19, 2000

Filed:

Aug 25, 1998

Appl. No.:

9/139863

Inventors:

Michael R. Gamble - Woodridge IL
Jerry D. Wilson - Kirkland WA

Assignee:

Financial Growth Resources, Inc. - Woodridge IL

International Classification:

G06F 1760

US Classification:

705 4

Abstract:

A method for using a digital electrical apparatus to electrically process signals in generating output for insurance documentation for a first insurance policy for a first risk having a claims cost reflecting: a concurrent second insurance policy for a second risk, the second risk being different from the first, the policies being for the same insured person, and the second policy affecting a claims cost of the first policy; the method including the steps of: in a digital electrical computer apparatus comprising a digital computer having a processor, the processor electrically connected to a memory device for storing and retrieving operations including machine-readable signals in the memory device, to an input device for receiving input data and converting the input data into input electrical data, to a visual display unit for converting output electrical data into output having a visual presentation, to a printer for converting the output electrical data into printed documentation, wherein the processor is programmed to control the apparatus to receive the input data and to produce the output data by steps including: inputting actuarial assumptions defining the first insurance policy; and computing a value of a specific financial attribute of the first insurance policy; the method further including the step of inserting the value of the financial attribute in the first insurance policy and other printed documentation related to the first insurance policy.