6.3.7.2 Insurance Calculation

Insurance calculation and the Standard Maximum Deposit Insurance Amount (SMDIA) for Non Contingent Interests are applied at:

Legal Entity/Separately insured branch- Ownership Right and Capacity-Customer- Account Participant level

For IRR, this translates to:

Legal Entity/Separately insured branch- IRR- Grantor- Beneficiary level

Insurance calculation and the Standard Maximum Deposit Insurance Amount (SMDIA) for Contingent interests are applied at:

Legal Entity/Separately insured branch- Ownership Right and Capacity-Customer level

For IRR, this translates to:

Legal Entity/Separately insured branch- IRR-Grantor level