Bi-Weekly Mortgage Life Insurance

Your Home is More Than Your Shelter . . .
It's One of Your Most Valuable Assets.

Now you can unlock your home equity and put it to work for you with the combination of a bi-weekly payment program and a universal life insurance policy.

If you were able to ...
• Retire your mortgage 5 - 8 years sooner and save thousands of dollars
in future interest payments
• Provide money to pay off your mortgage in the event of death
• Have cash value available for future life opportunities or emergencies
... would you be interested?

Bi-Weekly Payment Program
Instead of making 12 monthly mortgage payments per year, you make one-half of your monthly mortgage payment every two weeks. This results in two extra half-payments per year. By combining the bi-weekly mortgage payment program with a universal life insurance policy, you gain the security of mortgage life insurance AND the opportunity to retire your mortgage early through your policy’s accumulated cash value.

Convenient and Custom-Tailored to Meet Your Needs
This bi-weekly mortgage life insurance benefit plan works for any mortgage loan – old or new. No refinancing, requalifying, credit checks, or closing costs are required. Simply meet with one of our licensed life insurance agents in your own home or our office. We’ll discuss your short and long-term goals and custom-tailor your plan to your family’s budget. Use the convenient automated payment system and you'll never have to write a check or worry about a payment arriving late.

Tax Advantages
Your Universal Life Insurance policy offers tax advantages that are unavailable with other funding vehicles for a bi-weekly program. Cash value growth is generally on a tax-deferred basis, meaning you pay no taxes on any earnings in the policy as long as the policy remains in force. An income tax-free death benefit is provided for your beneficiary to pay off a mortgage debt or other obligations.

Consistency and Flexibility
Making your mortgage payment every two weeks provides greater consistency and stability for your family’s budget. The cash value accumulating in your Universal Life Insurance policy adds flexibility. It’s there when you need it—for educational expenses, home improvements, emergencies, or to meet retirement goals. (A withdrawal fee or surrender charge may apply.)

Service
At Middlestead Mortgage, we're committed to helping you find and obtain the best mortgage product for your needs. Our licensed life insurance agents have received extensive training on the products we offer and can explain in detail the advantage of this home mortgage plan. You can also depend on his or her expert advice as your insurance needs change in the future.