Alright, let's look at each individual bank. For each bank, only up to 100k is insured.
Bank J = 150,000+80,000 -> 230,000 but only 100,000 is insured.
Bank K = 95,000 -> 95,000 insured.
Bank L = 200,000 -> 100,000 insured.
Adding those together...
100,000 + 95,000 + 100,000 = 295,000
So, A is the correct answer.