A computer system for managing a life insurance policy on behalf of a policy holder, the computer system comprising: generating means for generating a life insurance policy including a stable value protected investment with an initial value based on a value of underlying securities; fee calculating means for calculating fee units for members of a management group which manage the life insurance policy; credit calculating means for calculating surrender value protected investment credits for the life insurance policy; investment determining means for determining an investment value and a value of the underlying securities for the current day; policy calculating means for calculating a policy value and a policy unit value for the current day; storing means for storing the policy unit value for the current day; and one of: removing means for removing the fees units for members of the management group which manages the life insurance policy, and accumulating means for accumulating fee units on behalf of the management group. view more

A method for managing a life insurance policy on behalf of a policy holder, the method comprising the steps of: generating a life insurance policy including a stable value protected investment with an initial value based on a value of underlying securities; calculating fee units for members of a management group which manage the life insurance policy; calculating surrender value protected investment credits for the life insurance policy; determining an investment value and a value of the underlying securities for the current day; calculating a policy value and a policy unit value for the current day; storing the policy unit value for the current day; and one of the steps of: removing the fee units for members of the management group which manage the life insurance policy, and accumulating fee units on behalf of the management group. view more

A computer readable media for controlling a computer to perform the steps of: generating a life insurance policy including a stable value protected investment with an initial value based on a value of underlying securities; calculating fee units for members of a management group which manage the life insurance policy; calculating surrender value protected investment credits for the life insurance policy; determining an investment value and a value of the underlying securities for the current day; calculating a policy value and a policy unit value for the current day; storing the policy unit value for the current day; and one of the steps of: removing the fee units for members of the management group which manage the life insurance policy, and accumulating fee units on behalf of the management group. view more

A computer system for administering an existing life insurance policy, including a stable valve protected investment based on underlying securities, on behalf of a policy holder, the computer system comprising: credit calculating means for calculating surrender value protected investment credits for the life insurance policy; investment determining means for determining an investment value and a value of the underlying securities for the current day; policy calculating means for calculating a policy value and a policy unit value for the current day; and storing means for storing at least one of the policy value and the policy unit value for the current day. view more

A method for managing a life insurance policy, including a stable valve protected investment based on underlying securities, on behalf of a policy holder, the method comprising the steps of: (a) calculating surrender value protected investment credits for the life insurance policy; (b) determining an investment value and a value of the underlying securities for the current day; (c) calculating a policy value and a policy unit value for the current day; and (d) storing at least one of the policy value and the policy unit value for the current day. view more