If a Husband and Wife or any two or more Persons, have, in addition to their Individual Accounts, a Joint Account in the same Insured Bank, is each Account Separately Insured?
Yes. If each of the co-owners has personally signed a valid mandate card
and has a right of withdrawal on the same basis as the other co-owners, the
joint account and each of the individually-owned accounts are separately
insured up to the insured maximum sum.