Frequently Asked Questions
- If a depositor has an account in the main office of an institution and also at a branch office, are these accounts separately insured?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
- What procedure does the DIC follow after an institution has been closed?
- Are Mutual Funds insured?
Did You Know?
- Misconception: Establishing more than one joint account in the same institution with the same names increases insurance coverage. - Fact: All joint accounts with the same names, notwithstanding alterations to the sequence of names, are added together and insured up to a maximum of TT$200,000.
