1. User Guide
  2. Deposit Insurance Calculations as per FDIC 370
  3. ORC Classification and Insurance Calculation
  4. Revocable Trust Accounts (REV)
  5. Insurance Limit
  6. When the number of beneficiaries is more than five and beneficiary share is unequal

5.3.6.4.2 When the number of beneficiaries is more than five and beneficiary share is unequal

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

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

For REV, this translates to:

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