This is an interesting idea. I was introduced to figs by a guy in southern Pennsylvania who trimmed his trees back so that the trunk could be easily wrapped. He ran some heat tape up the trunk of his well wrapped trees and only turned it on during the coldest nights.
I live near Kansas City (zone 5) and put a wooden box around my very first fig (lots of effort and will not do that again). I trimmed it up and put a 4' tall 2' wide box around it with some fiberglass insulation. I ran an extension cord out to the box with a 15 watt bulb inside. When it got down to 8 deg or lower, I plugged it in for the night. I never had any freeze damage.
The heating cable seems to come in long lengths and am not sure if they could be adjusted. Shorter heat tape might work but it all depends on how cold it gets where you live, how well you wrapped the tree and how well your wrapping is integrated into the ground.
Byron (Ingevald)