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FDIC security goes on for up to 6 months following the demise from a great depositor as if the newest depositor have been alive. That it protection leads to circumstances where finance away from the newest lifeless remain to a survivor whoever own lender places, together with the ones from the new dead, meet or exceed $100,one hundred thousand. Rather than it security, the new survivor do simply discover $a hundred,000 within the FDIC insurance policies; with this particular defense, the newest survivor can get have the insurance policies afforded the fresh lifeless depositor while the better.
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