METHOD AND SYSTEM FOR INSURING AGAINST INVESTMENT LOSS
First Claim
1. A method implemented at least partially in a programmed computer for sharing risk of loss among at least three investment instrument holders, the method comprising:
- aggregating by the programmed computer premiums to form a loss reduction fund, the premiums at least partially contributed by said at least three investment instrument holders;
determining by the programmed computer, losses or gains incurred by each of said at least three investment instrument holders for at least one investment instrument at a predetermined time; and
determining by the programmed computer, a loss threshold wherein losses less than the loss threshold incurred by any of said at least three investment holders are uncompensated and at least a portion of the losses greater than the loss threshold incurred by any of said at least three investment holders are compensated;
reimbursing by the programmed computer, at least a portion of the compensated losses,wherein reimbursement of a compensated loss to one investment instrument holder from said at least three investment instrument holders is at least partially determined by the loss of said one holder, with consideration for losses of the plurality of holders.
2 Assignments
0 Petitions
Accused Products
Abstract
Participants purchase into a given system for a given period of time. Those with investment gains, by definition, are without loss and need no compensation from the system. Those with investment losses are reimbursed by the system according to previously agreed upon terms. Total loss of a given system'"'"'s participants is calculated, with that figure compared to the previously agreed upon amount of funds available for loss compensation (total revenue generated by participant premiums minus previously agreed upon detracted percentage for firm or a sum set forward by the company that is independent of a given system'"'"'s generated revenue).
24 Citations
20 Claims
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1. A method implemented at least partially in a programmed computer for sharing risk of loss among at least three investment instrument holders, the method comprising:
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aggregating by the programmed computer premiums to form a loss reduction fund, the premiums at least partially contributed by said at least three investment instrument holders; determining by the programmed computer, losses or gains incurred by each of said at least three investment instrument holders for at least one investment instrument at a predetermined time; and determining by the programmed computer, a loss threshold wherein losses less than the loss threshold incurred by any of said at least three investment holders are uncompensated and at least a portion of the losses greater than the loss threshold incurred by any of said at least three investment holders are compensated; reimbursing by the programmed computer, at least a portion of the compensated losses, wherein reimbursement of a compensated loss to one investment instrument holder from said at least three investment instrument holders is at least partially determined by the loss of said one holder, with consideration for losses of the plurality of holders. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method implemented at least partially in a programmed computer for sharing risk of loss by a plurality of participants in a loss reduction fund, the method comprising:
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aggregating by the programmed computer, premiums to form a loss reduction fund, the premiums at least partially contributed by each of said participants; determining by the programmed computer, losses or gains incurred by each of said participants participating in the loss reduction fund; determining by the programmed computer if the total losses accumulated by each of said participants is greater than the loss reduction fund; and
if so determining by the programmed computer, a loss threshold wherein losses less than the loss threshold incurred by any of said participants are uncompensated and at least a portion of the losses above the loss threshold incurred by any of said participants may be compensated to disburse the loss reduction fund;reimbursing by the programmed computer, at least a portion of the compensated losses, wherein reimbursement is at least partially determined by the size of the loss of any of said participants, with consideration for losses of said participants. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification