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Per person per account type.

Joint accounts are covered at 500k

When a revocable trust owner names five or fewer beneficiaries, the owner's trust deposits are insured up to $250,000 for each unique beneficiary

So 4 people = $1m

https://www.fdic.gov/resources/deposit-insurance/brochures/i...

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* Per unique FDIC institution, of which there 3000-5000 of them, many of which offer financial services that break deposit down into FDIC insured amounts via institutions the are legally separated per FDIC’s definition, but treated as a single account for transactions.

See post related post that covers this, additional options, and HN user comments here:

- https://news.ycombinator.com/item?id=35109420

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