Paragraph match score 79.1%
Page A-920
Joint Life coverage
Joint borrower coverage available for a maximum of three joint borrowers, with two options for coverage namely, Joint Basis (coverage for full sum assured for all borrowers) and Loan Share Basis (coverage as per loan share percentage).
Page A-919
Joint Life Option
Joint Life Loan Share Basis: Each of the joint borrowers is covered up to his/ her share of loan as mentioned in the COI. All joint borrowers must opt for same Premium Payment Term, Premium Payment Frequency, Coverage Term, Plan Option, Moratorium Option and Coverage Option.