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Are escrow accounts covered under the TLGP? What is the amount of coverage on the title companys account at the bank if a depository institution opts out?

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Escrow accounts are fully covered under the TLGP if they are non-interest-bearing transaction deposit accounts. If a bank opts out of the TAG component of the Program, coverage of a title company’s account would be $250,000, unless the account meets the requirements for pass through coverage.

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