Does FDIC apply to Escrow Shield Plus™?

No. This is not a bank deposit, therefore FDIC insurance does not apply, as FDIC similarly does not apply to money market mutual funds or other securities or investment products. Note that FDIC has limits; if you have more than $250k with a bank that enters bankruptcy you could become a general creditor to the bank and not be assured of receiving a full return of principal.

Escrow Shield Plus offers a guarantee against principal loss from AXA Equitable. Guarantees are based on the claims paying ability of AXA Equitable. (more on principal guarantee)

See Escrow Shield Plus overview and prospectus for more information.

Contact us at sales@srsacquiom.com to learn more.

Posted in: Services: Escrow Shield Plus