13 - WHAT IS THE COMPENSATION OF "TEMPORARY EXTRAORDINARY DEPOSITS"?

You have temporary extraordinary deposits, i.e. amounts that were received less than three months prior to the failure and come from:

1.   the sale of residential property belonging to you;

2.   a lump-sum payment of compensation for harm sustained by you;

3.   a lump-sum payment of a retirement benefit, an estate, a bequest or a donation;

4.   a compensatory benefit or a settlement or contractual indemnity following the termination of an employment contract.

 

COMPENSATION OF "TEMPORARY EXTRAORDINARY DEPOSITS": WHAT TO DO

The €100,000 coverage level is increased by an additional €500,000 for each of the foregoing events, except for the compensation of bodily injury, compensation of bodily injury for which there is no limit.

 

To exercise your right to compensation of Temporary Extraordinary Deposits, you should write to the FGDR within a maximum or two months after receiving your initial compensation and provide the necessary supporting documents.