We offer Loan Payment Protection for UECU loans including Auto Loans, Home Equity Loans, Visa® credit lines, and more. Protect yourself from the unexpected – ask us about adding payment protection to your new or existing UECU loans today. UECU Loan Payment Protection, a voluntary loan-payment protection product, helps offer you relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. Simple eligibility requirements help streamline the enrollment process.
If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), UECU Loan Payment Protection will cancel or waive your loan payment(s), up to the contract maximums. Help reduce your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost, and paying other household bills becomes challenging. Protected events include:
Your purchase of UECU Loan Payment Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of UECU Loan Payment Protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.