How does the HomeOpeners® MonthlyPlus job loss protection work?
This coverage pays up to $2,000 per month towards the borrower’s monthly mortgage payment (including principal, interest, taxes and insurance) if either the borrower or co-borrower becomes involuntarily unemployed for more than thirty (30) days. Up to six (6) monthly payments will be made. The payment would be made to the mortgage servicer. Note: If more than one borrower, a proportionate benefit is paid.
