What minimum level of protection can lester expect

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Problem

Lester has two distinct products with RST Insurance: a $1,150,000 10-year term life insurance policy, and a $106,000 accumulation annuity. There's a notice in the morning's newspaper that RST Insurance has filed for bankruptcy. After an online search, Lester discovers that an organization called Assuris would protect him if RST Insurance became insolvent. Get the instant assignment help. What minimum level of protection can Lester expect?

Reference no: EM133924798

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