but you could call Vanguard and ask them.I did and their reply was what I noted in my OP.From their response to my e-mail:"With respect to your inquiry regarding SIPC insurance, Securities held in VBS accounts are kept in custody by Pershing LLC and are protected in full against the insolvency of Pershing by two different policies. The Securities Investor Protection Corporation (SIPC) provides funds to satisfy the claims of each customer up to $500,000, including up to $100,000 for cash claims. The remaining coverage is provided by Pershing through a commercial insurer.""As a point of note, the SIPC coverage and Excess SIPC only applies tobrokerage assets; it does not cover Vanguard mutual fund assets such as money markets."(bolded emphasis by me)On 12/16 I replied:"So this means that VG funds are not insured, right? Is there any protection for funds that are invested in VG funds?"This has gone unanswered by VG's online member support.This past week when I got a "welcome" call from their Voyager Services rep., it was affirmed that there is no insurance for VG Fund Accts. If I wanted to be insured, I needed to place my assets in non-VG funds, bonds and stocks through my VG brokerage acct.It just strikes me strange that they're like this. I don't have my CD's and MMA's in non-FDIC insured banks, so why do I need just trust VG to be doing the right thing? Which was about the gist that the Voyager rep was suggesting to allay my concerns.
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