State Fund insures approximately 130,000 policyholders in California. Casualty insurance insures against accidents, not necessarily tied to any specific property. For example, the Depositors Insurance Fund insures excess deposits at Massachusetts-chartered savings banks. A standard home insurance policy insures the home itself along with the things kept inside. The Federal Deposit Insurance Corporation (FDIC) insures deposits at both national and state banks. Stop-loss insurance is a form of reinsurance that insures self-funded plans and their assets. AppleCare+ insures against accidental damage, unlike the statutory warranty. When a company insures an individual entity, there are basic legal requirements and regulations. CDIC automatically insures many types of savings against the failure of a financial institution. Rather, it insures loans made by private lenders. That is, the seller of the CDS insures the buyer against some reference asset defaulting. USAA also insures members in Europe through its subsidiary, USAA Limited. It usually insures a business for losses caused by the dishonest acts of its employees. Herman insures Mae's life, with him as the beneficiary. This insures that the substitution effect offsets the income effect.