Loan Protection

Loan Protection Options

Life is unpredictable, so it can be intimidating to know you’ll need to be able to make loan payments for a long period of time can be intimidating. Let U of I Community Credit Union help you boost your borrowing confidence and gain peace of mind! Protect your loan with one of our loan protection options.

Payment Plan Protection

How It Works

Payment Plan Protection covers members up to age 70 if they become sick or injured and are unable to work for more than 14 days. Preexisting conditions are even covered after six months and one day of having the coverage. Normal pregnancy is not covered. Life benefits are paid on the loan in the unlikely event of death so loved ones are not left with the burden of the loan payment.

Eligible Loan Types

All loans are eligible with the exception of Single Pay Note, and under $75,000 total loan amount, monthly payment amount is under $850.

Mechanical Repair Coverage for Vehicles

How It Works

Mechanical Repair Coverage protects you from having to pay out-of-pocket when your vehicle needs mechanical repairs. Your coverage includes services such as roadside assistance, battery replacement, transmission repair, etc. Covered services are based on the level of coverage that is purchased.


This coverage is available to all vehicles, even if you did not finance your vehicle with us. Members have the option to pay for the warranty out of pocket or finance it if approved.


Vehicle Loans

Get a great rate on your vehicle purchase or refinance your current loan.

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Mortgage Loans

U & I are neighbors, so we give you the best home loans around.

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Personal Loans

No matter what you need funding for, we’re here to help!

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To add a loan protection option to your loan, call us at 217-278-7700

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