May not be 3x but it is replicated so even a total instance failure would not make you lose data:
>Amazon EBS volumes are designed to be highly available, reliable, and durable. At no additional charge to you, Amazon EBS volume data is replicated across multiple servers in an Availability Zone to prevent the loss of data from the failure of any single component. For more details, see the Amazon EBS Service Level Agreement.
>Amazon EBS volumes are designed to be highly available, reliable, and durable. At no additional charge to you, Amazon EBS volume data is replicated across multiple servers in an Availability Zone to prevent the loss of data from the failure of any single component. For more details, see the Amazon EBS Service Level Agreement.
https://aws.amazon.com/ebs/features/#Amazon_EBS_availability...