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Article: Asset Assurance portfolio protection is introduced.
- Article from:
- Business Wire
- Article date:
- April 17, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--(BUSINESS WIRE)--April 17, 1997--
Asset Assurance(SM) Provides Safety for Individual Investors
Above Current SIPC Limit of $500,000
Asset Guaranty Insurance Company said today that it will offer excess-SIPC insurance coverage for securities investors under the brand name Asset Assurance(SM).
Asset Assurance is intended to safeguard individual customers against loss from missing, stolen or misappropriated securities when a brokerage house has failed and has been placed in liquidation. Asset Assurance provides coverage at levels in excess of the current $500,000 maximum from the Securities Investor Protection ...