Loan Protection

Safeguard Your Loan—and Your Loved Ones

Life’s unexpected events shouldn’t derail your financial goals. Utica Gas & Electric Federal Credit Union offers three built-in protection plans—Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance—so your loan stays current if you face a qualifying event.

Why UGEFCU Loan Protection

•    Seamless enrollment at loan closing or any time before payoff
•    No medical exams required for Credit Disability Insurance
•    Premiums financed into your monthly payment—no separate billing
•    Local support and fast claims processing through LOTSolutions

Coverage Options

Enrollment & Documentation

•    Enroll at loan closing or any time before your loan matures
•    Premiums are a flat rate per $1,000 of outstanding balance and are added to your regular loan payment
•    Activation forms for each plan—Disability Activation Form, Life Activation Form, and Job Loss Activation Form—are handled internally by our team
Contact us for current premium rates and any waiting periods before benefits begin.

Frequently Asked Questions

•    Which loans qualify?
Auto, personal, home equity, recreational (boats, campers, RVs), and other UGEFCU-originated loans.
•    When can I enroll?
At loan closing or any time before your loan matures.
•    Can I cancel coverage?
Yes—cancel at any time; unpaid premiums will be deducted from your final loan payoff.

Ready to Protect Your Loan?

Secure your peace of mind today. Contact us for premium rates or to enroll:

Utica Gas & Electric Federal Credit Union
215 Old Campion Road
New Hartford, NY 13413

Call 1-800-990-7499 or email ugefcu@ugefcu.com.