Earlypass — How HomeGrif Protects Your Family
"What will my children inherit?" This is the question we hear most often. And it's the right question — deciding to unlock your property's value affects the whole family. That's why we created Earlypass.
What Is Earlypass
Earlypass is a heir protection programme built directly into the HomeGrif contract. It works as a safety net for the first 5 years after the contract is signed.
If the client passes away during this period, their heirs receive back a portion of HomeGrif's investment — on top of the standard inheritance of the flat.
How Earlypass Works Year by Year
| Year from contract | Heir protection | Example (flat worth CZK 5 million / ~EUR 200,000) |
|---|---|---|
| Year 1 | 50% returned | Heirs receive ~CZK 1,875,000 (~EUR 75,000) |
| Year 2 | 40% returned | Heirs receive ~CZK 1,500,000 (~EUR 60,000) |
| Year 3 | 30% returned | Heirs receive ~CZK 1,125,000 (~EUR 45,000) |
| Year 4 | 20% returned | Heirs receive ~CZK 750,000 (~EUR 30,000) |
| Year 5 | 10% returned | Heirs receive ~CZK 375,000 (~EUR 15,000) |
| After year 5 | Contract fulfilled | Standard settlement |
Values are indicative and depend on specific contract terms.
What Happens to the Flat in Every Scenario
Scenario 1: You live a long and happy life
- You receive income for life — 20 or 30 years or more
- You live in your flat the entire time
- After death, the flat passes into the estate
- Heirs can sell it or live in it
- From the sale proceeds, the HomeGrif obligation is settled and the remainder goes to the heirs
Scenario 2: You pass away within the first 5 years (Earlypass active)
- Heirs receive back a portion of HomeGrif's investment (see table above)
- Plus the flat remains in the estate
- Heirs have the option to sell the flat or live in it
- Earlypass significantly reduces the "cost" of an early departure
Scenario 3: You want to move
- The contract includes a Fair Exit clause
- Pre-agreed termination conditions
- It's not "forever" — you have flexibility
Why Earlypass Matters
In countries where equity release has been operating for decades, heir protection is a key element of trust:
- United Kingdom: The Equity Release Council (ERC) requires a "No Negative Equity" guarantee — heirs are never left with a debt exceeding the property's value
- France: Under the viager model, the risk lies with the buyer (if the seller lives longer than expected, the buyer "overpays")
- HomeGrif: Earlypass goes further — it actively returns money to heirs during the first 5 years
Common Concerns and Answers
"Will my children lose the flat?"
No. The flat always remains in your estate. Heirs can sell it or continue living in it. From the sale proceeds, the HomeGrif obligation is settled and the remainder goes to the heirs.
"Can heirs take the flat from me?"
No. You are the owner recorded in the cadastre (Czech land registry) and your lifetime residency right is protected by a real burden (vecne bremeno). Nobody — not even heirs — can dispose of the flat without your consent during your lifetime.
"What if the flat loses value?"
The risk of property value decline is borne by HomeGrif, not you. Your income is fixed — it doesn't depend on future market developments. This too sets HomeGrif apart from a mortgage, where the borrower carries the risk.
"Is Earlypass free?"
Yes. Earlypass is part of the standard HomeGrif contract. It's not an add-on — it's a core feature of the product.
Who Benefits Most from Earlypass
- Parents with adult children — you want to help, but also protect the inheritance
- People around 50 — statistically longer life expectancy means Earlypass is a stronger safety net
- Couples — Earlypass protects the surviving partner and children alike
Next Step
Try the calculator — in the detailed "Year by Year" breakdown you can see how Earlypass protects your family in each year of the contract. Rows marked with a shield icon indicate years with active protection.
Read also: How to Help Your Children Now, Not After You Pass Away | What Is HomeGrif | Glossary
