SIPC® Account Protection
Protection for securities and cash by the Securities Investor Protection Corporation (SIPC): Accounts of Schwab Hong Kong are insured by SIPC for securities and cash in the event of broker-dealer failure.
SIPC provides up to US$500,000 of protection for brokerage accounts held in each separate capacity (e.g., joint tenant or sole owner), with a limit of US$250,000 for claims of uninvested cash balances. Explanatory brochure available at www.sipc.org.
Additional Protection Through Lloyd's of London and Other London Insurers
Additional brokerage insurance is provided to Schwab accounts through underwriters in London. Schwab's coverage with Lloyd's of London and other London insurers, combined with SIPC coverage, provides protection of securities and cash up to an aggregate of US$600 million, and is limited to a combined return to any customer from a Trustee, SIPC, and London insurers of US$150 million, including cash of up to US$1,150,000. This additional protection becomes available in the event that SIPC limits are exhausted.