Personal Finance

Web Extra: Are My Multiple Accounts Insured?

OTM Web Extra

Q: My Mother has multiple accounts with Washington Mutual in her living trust which my name is on as the executor and trustee. I also have several accounts with WaMu. I would like to know if each of our accounts are insured for $100,000 or if the accounts are totaled and then only $100,000 is covered out of that total?

Watch the video for the answer.

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