Protect your largest asset

Common questions about HPI Protection

• *Do I need to sell my home to receive a Payout?

  No, receiving a Payout under the Contract does not necessitate the sale of your Property. Additionally, there is no requirement to file any claims. Upon the determination of a Payout, it becomes yours unconditionally, with no links to any future circumstances. Importantly, even if your Market subsequently experiences an upturn in real estate values, there are no provisions for clawbacks of the Payout.

  For more details about these terms, you can refer to the respective FAQs: "What is the Payout?", "What is the Contract?", "What is the Property?", and "What is the Market?".

• *Can I purchase Home Price Index Protection even if I do not own the Property?

  Yes, you can purchase Home Price Index Protection even if you do not own the Property. The product can be bought for the benefit of someone else. However, to be eligible for a Payout, the Contract Holder, who could differ from the initial buyer, must be the owner of the Property by the Expiration Date.

  For instance, a home seller might buy the product intending to benefit the buyer. In this scenario, the product may be bought by the seller, but the home buyer must be listed as the Contract Holder and assume ownership of the Property to qualify for a potential Payout. This requirement emphasizes the fact that only a Contract Holder who owns the Property is eligible for a Payout.

  For more details about these terms, you can refer to the respective FAQs: "What is the Property?", "What is the Payout?", "What is the Contract Holder?", and "What is the Expiration Date?".

• *How long does it take to complete the Home Price Index Protection purchase process?

  Purchasing Home Price Index Protection is very simple and the process usually takes about 5 minutes to complete. You can start the process here.