Morgan Stanley ( MS) is seeking to entice more high-net-worth clients by offering Federal Deposit Insurance Corp. insurance on bank deposits ranging from $1 million to $100 million, a report says. Dow Jones Newswires reports Morgan Stanley is paying the FDIC an additional fee for the extra insurance, which goes above the normal maximum of $250,000 in insurance per person per account. The deposit insurance plan coincides with Morgan Stanley's efforts, in the wake of converting into a bank holding company in September, to boost its deposits. Dow Jones reports deposits in the Morgan Stanley program can earn up to 0.5% interest, which is the maximum that the FDIC allows, a company spokeswoman says. The program is for individuals only, not businesses or foundations, according to the report.