METHOD FOR EVALUATING INSURANCE PRODUCTS

摘要

A method for evaluating and scoring insurance products by interfacing with illustration engines relating to insurance products. The method includes calculating a series of cash flows for the proposed policy by applying a decrement factor to the set of values; calculating an internal rate of return for the proposed policy from the series of cash flows, and a statistical distribution of a plurality of internal rate of returns of a proposed policy for each of the one or more insurance products; determining a value for a quantitative scoring component for the proposed policy based on a comparison of the internal rate of return for the proposed policy to a quantitative factor; and obtaining an over score for the proposed policy by combining a plurality of values for each of a plurality of scoring components.

主权项

1. (canceled)