IDBI-Fortis Life Insurance has brought in a new Insurance Plan which offers the following two features simultaneously:

1. It provides a Protection cover to the Outstanding balance of your Home Loan.
2. It offers a Joint Life Cover wherein the Lives of Co-borrowers can be covered jointly

The Homesurance Plan is reducing Term Insurance cover which covers the Home loan liability of the insured in the time of his/her unfortunate demise together with the Joint insurance cover to the Co-borrowers .