We rarely see bank runs since the advent of Federal deposit insurance

We rarely see bank runs since the advent of Federal deposit insurance

Please complete the discussion question below in 250 words or more

We rarely see bank runs since the advent of Federal deposit insurance, but runs on life insurers and mutual funds do occur even though claimants have pro rata claims in the event of default. Why do these runs still occur? Be specific and elaborate fully on them.

Answer preview We rarely see bank runs since the advent of Federal deposit insurance

APA
300 words