Loan Protection

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. 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.

Gap Plus Coverage for Vehicles

How It Works

GAP Plus is an auto deductible reimbursement option which means if you’re in an accident, GAP Plus could cover your deductible up to $1,000 per calendar year for any vehicle insured under your name. It also includes traditional GAP coverage so in the event your vehicle is totaled and the appraised value from your insurance provider is less than what you owe on your loan, GAP could pay the remaining balance on the loan. GAP Plus will also pay $1,000 towards the purchase of your next vehicle as long as you finance with UICCU. All of this only costs $525 and can be added to your loan or paid separately out of pocket.


This coverage is available for all vehicles financed with UICCU.  Members have the option to pay for GAP out of pocket or finance it if approved.


Vehicle Loans

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

Learn More

Mortgage Loans

U & I are neighbors, so we give you the best home loans around to get ahead in this market.

Learn More

Personal Loans

Special purchases, life events, and more…No matter what you need funding for, we’re here to help!

Learn More

Protection when it matters… We are here to help!

In your time of need, our claims process is quick and easy. If you elected payment protection on your loan, you can use this convenient claims process to quickly and easily file your claim for any of the following Payment Protection Products:

  • Life
  • Terminal Illness
  • Accidental Dismemberment
  • Hospitalization
  • Family Medical Leave
  • Loss of Life of a Dependent
  • Disability
  • Involuntary Unemployment

Click here to fill out a claim form

If you prefer, call 1-800-621-6323 to begin the process and a CUNA Mutual Group Claims Specialist will guide you through the process.

To add a loan protection option to your loan...

Call us at 217-278-7700.

Branch Locations

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