Bi-Weekly Mortgage Life Insurance Benefit Plan
This plan gives you many options, including the opportunity to reduce the term of your mortgage by several years, potentially saving you thousands of dollars in mortgage interest. It does this by combining a Bi-Weekly mortgage service with a universal life insurance policy. This special benefit plan:
- Can be initiated without refinancing or credit approval.
- Features convenient, electronically drafted mortgage payments every two weeks.
- Works with your current mortgage and is transferable if you refinance or purchase a different home.
- Provides life insurance protection that may be used to pay off your mortgage, should anything happen to you or your spouse.
Bi-Weekly Forms
For more information about our products contact our Home Office or find your local sales office.
Policy Form 0108 and Form 1308. Not available in all states.
*Cash values can be accessed through loans and/or withdrawals, but these will reduce the death benefit. In addition, withdrawals from some policies may be subject to surrender charges and could have a permanent effect on the cash value and the death benefit.
National Mutual Benefit is authorized to conduct business in 11 states: Arizona, Colorado, Illinois, Iowa, Michigan, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming. Products issued by National Mutual Benefit are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states.
Guarantees are backed by the financial strength and claims paying ability of National Mutual Benefit.
