The Corporation provides the maximum deposit insurance coverage of Php500,000 per depositor per bank. In promoting financial stability, the PDIC is tasked to continuously build up the level of the Deposit Insurance Fund (DIF), the fund source for deposit insurance payouts and financial assistance to banks, to enable it to adequately respond to insurance calls. Member-banks are assessed the annual flat rate of 1/5 of 1% of their total deposit liabilities. The assessments are collected from member-banks semi-annually and form part of the DIF. The DIF is managed through prudent investments, as provided in the PDIC Charter.

In the event of bank closures, PDIC pays valid deposit accounts and deposit insurance claims as soon as possible and within the set turnaround time to provide immediate relief to depositors. Its quality management systems on claims settlement operations and assessment of member banks are certified under ISO 9001:2015 standards and at par with international standards.