Mortgage Protection - Fabix Insurance
LIFE ASSURANCE

Mortgage Protection

Protect your home and family with comprehensive mortgage protection. Ensure your loved ones can stay in their home.

Get a Quote Learn More
WHY MORTGAGE PROTECTION

Why You Need Mortgage Protection

Protect your most valuable asset and ensure your family can keep their home

Keep Your Home

Ensure your family can stay in their home even if you're no longer there

Mortgage Repayment

Coverage that pays off your outstanding mortgage balance

Financial Security

Protect your family from the burden of mortgage payments

Peace of Mind

Rest easy knowing your family's home is protected

Family Security

Ensure your loved ones have a stable home environment

Long-Term Protection

Coverage that lasts for the entire term of your mortgage

FEATURES

Key Features

Discover the comprehensive features of our Mortgage Protection cover

Mortgage Payoff

Lump sum payment to clear your outstanding mortgage balance

Term Matches Mortgage

Coverage term that aligns with your mortgage repayment period

Decreasing or Level Cover

Choose between decreasing or level cover based on your mortgage type

Flexible Premiums

Choose from monthly, quarterly, or annual premium payments

Critical Illness Option

Optional add-on for critical illness protection

Premium Waiver

Optional waiver of premiums if you become disabled

COVERAGE OPTIONS

Our Coverage Options

Choose the mortgage protection plan that best fits your needs

ESSENTIAL

Essential Cover

From KSh 4,000 per month
  • Decreasing cover up to KSh 5,000,000
  • 5 to 15 years term
  • Death benefit payout
  • Tax-free benefit
  • Flexible premium options
Get Quote
POPULAR

Standard Cover

From KSh 8,000 per month
  • Level cover up to KSh 15,000,000
  • 10 to 25 years term
  • Death & terminal illness benefit
  • Critical illness add-on option
  • Tax-free benefit
  • Flexible premium options
Get Quote
PREMIUM

Premium Cover

From KSh 15,000 per month
  • Level cover up to KSh 50,000,000
  • 15 to 30 years term
  • Death, terminal & critical illness
  • Premium waiver option
  • Tax-free benefit
  • Flexible premium options
  • Convertible option
Get Quote
DETAILED COVERAGE

What's Included

Comprehensive protection for your home and family

Mortgage Payoff

Lump sum payment to clear your outstanding mortgage balance, ensuring your family owns the home free and clear.

Up to KSh 50,000,000
Death Benefit

Tax-free lump sum payment to your beneficiaries in the event of your passing during the policy term.

100% of sum assured
Terminal Illness Benefit

Early payout if you are diagnosed with a terminal illness with less than 12 months to live.

100% of sum assured
Critical Illness Cover

Optional coverage for critical illnesses such as cancer, heart attack, and stroke.

Up to KSh 15,000,000
Premium Waiver

Optional waiver of premiums if you become totally disabled or critically ill.

Subject to terms
Convertible Option

Option to convert your mortgage protection policy to permanent life insurance without medical underwriting.

Flexible options
HOW IT WORKS

How It Works

Simple steps to protect your home and family

01

Choose Your Cover

Select the coverage amount and term that matches your mortgage

02

Pay Your Premiums

Make regular premium payments to keep your cover active

03

Stay Protected

Enjoy peace of mind knowing your home is protected

04

Mortgage Cleared

Your mortgage is paid off, and your family keeps the home

Get Your Mortgage Protection Quote

Complete the form below and we'll get back to you with a competitive quote

FAQ

Frequently Asked Questions

Find answers to common questions about Mortgage Protection

What is Mortgage Protection?

Mortgage Protection is a life assurance policy designed to pay off your outstanding mortgage balance if you pass away during the policy term. It ensures your family can keep their home without the burden of mortgage payments.

What's the difference between decreasing and level cover?

Decreasing cover reduces over time in line with your mortgage balance, making it more affordable. Level cover stays the same throughout the term and is suitable for interest-only mortgages or if you want a fixed lump sum for your family.

How much coverage do I need?

Your coverage should match your outstanding mortgage balance. Our team can help you determine the right amount based on your mortgage details and financial situation.

What happens if I remortgage?

If you remortgage, you can usually transfer your policy to the new mortgage or adjust the coverage amount. Contact us to discuss your options.

Does mortgage protection cover critical illness?

Yes, we offer an optional critical illness add-on that pays out a lump sum if you're diagnosed with a covered critical illness, helping you pay off your mortgage.

Can I cancel my policy?

Yes, you can cancel your policy at any time. However, you'll lose the protection it provides. If your circumstances change, we recommend speaking with our team about your options.

Why Choose Fabix Mortgage Protection?

Home Protection
Quick Claims
Affordable Rates
Flexible Options
Expert Support
Family Focused