Insured Safety

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How to insure for more than $100,000

FDIC FDIC regulations allow you to increase your family's account insurance protection to substantially more than $100,000. The following charts show you how to maximize your coverage.

family of two A family of two can insure accounts to $500,000.
family of threeA family of three can insure accounts to $1,000,000.
family of 4A family of four can insure accounts to $1,400,000.
single parent, one childA single parent and one child can insure accounts to $400,000.
single parent, two childrenA single parent and two children can insure accounts to $800,000.

family of twoA family of two can insure accounts to $500,000.
Individual AccountsNormal Coverage
Wife$100,000
Husband$100,000
Joint Accounts
Husband and Wife$100,000
Revocable Trust Accounts
Husband as Trustee for Wife$100,000
Wife as Trustee for Husband$100,000
Total$500,000

family of threeA family of three can insure accounts to $1,000,000.
Individual AccountsNormal Coverage
Wife$100,000
Husband$100,000
Child$100,000
Joint Accounts
Husband and Wife$100,000
Husband and Child$100,000
Wife and Child$100,000
Revocable Trust Accounts
Husband as Trustee for Wife$100,000
Husband as Trustee for Child$100,000
Wife as Trustee for Husband$100,000
Wife as Trustee for Child$100,000
Total$1,000,000

family of fourA family of four can insure accounts to $1,400,000.
Individual AccountsNormal Coverage
Wife$100,000
Husband$100,000
Child 1$100,000
Child 2$100,000
Joint Accounts
Husband and Wife$100,000
Husband and Child 1$100,000
Wife and Child 2$100,000
Child 1 and Child 2$100,000
Revocable Trust Accounts
Husband as Trustee for Wife$100,000
Husband as Trustee for Child 1$100,000
Husband as Trustee for Child 2$100,000
Wife as Trustee for Husband$100,000
Wife as Trustee for Child 1$100,000
Wife as Trustee for Child 2$100,000
Total$1,400,000

single parent, one childA single parent and one child can insure accounts to $400,000.
Individual AccountsNormal Coverage
Parent$100,000
Child$100,000
Joint Accounts
Parent and Child$100,000
Revocable Trust Accounts
Parent as Trustee for Child$100,000
Total$400,000

single parnet, two childrenA single parent and two children can insure accounts to $800,000.
Individual AccountsNormal Coverage
Parent$100,000
Child 1$100,000
Child 2$100,000
Joint Accounts
Parent and Child 1$100,000
Parent anc Child 2$100,000
Child 1 and Child 2$100,000
Revocable Trust Accounts
Parent as Trustee for Child 1$100,000
Parent as Trustee for Child 2$100,000
Total$800,000

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