If your accounts are custodied at Schwab, Schwab provides cash “sweep” accounts covered under FDIC insurance up to the standard limits. (You can read more about Schwab’s FDIC insurance here.) For assets held in securities, insurance is typically available through the Securities Investor Protection Corporation (SIPC). Additionally, assets held at Schwab maintain additional insurance through Lloyd’s of London and other London insurers. Please note that this insurance does not protect you from losses due to market fluctuations.