The government provides insurance for individuals' bank deposits, but requires the banks to pay the premiums for this insurance
Since it is depositors who primarily benefit from the security this insurance provides, the government should take steps to ensure that depositors who want this security bear the cost of it and thus should make depositors pay the premiums for insuring their own accounts
Government-backed security for investors, such as bank depositors, should be provided only when it does not reduce incentives for investors to make responsible investments.