Cryptocurrency Q&A
What are 3 things not insured by FDIC?
What are 3 things not insured by FDIC?
EchoWave
Sat Nov 09 2024
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7 answers
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I'm trying to understand what types of things are not covered or insured by the FDIC. Specifically, I'm looking for three examples of items or situations that would not be protected by them.
7 answers
EthereumEagleGuard
Mon Nov 11 2024
These products, such as annuities and life insurance policies, are not safeguarded by FDIC deposit insurance.
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Valentina
Mon Nov 11 2024
Life insurance policies offer protection but require careful consideration of the terms.
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Federico
Mon Nov 11 2024
This lack of insurance coverage means investors bear the full risk associated with these investments.
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Martina
Mon Nov 11 2024
For mutual funds, the performance fluctuates based on market conditions and fund management.
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EtherealVoyager
Mon Nov 11 2024
Annuities, on the other hand, provide income streams but have complex terms and conditions.
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