After the big hailstorm of 2011 we learned that the requirements for insurance on members’ secured loans (auto, boat, RV, motorcycle etc.) were falling through the cracks and some policies were not in place, insufficient or failed to list the credit union as lien holder. But, we hate the typical forced placed insurance products out there in the market that cost a fortune and greatly increase loan payments so we set out to find a better option. We think we found it and we began putting it in place April 2013. It will entail a monthly premium of $65 (added to your loan) for those policies that exhibit the above insufficiencies.
You may receive a notice of such a deficiency even if your policy conforms – the problem being we don’t have this information in your file or it is not current. So if you receive a notice please call the insurance center listed in the notice and they will be happy to assist you!
Please keep an eye out for these notices as it is important that you respond.
Choose one of the following options to submit your insurance information:
Submit your insurance to us online, visit www.proof-of-coverage.com
To submit your insurance information you will need the following:
Notice ID: (Is your letter about the required insurance.)
Fax a copy of your policy/declarations page to: 913-268-3178
Mail your insurance policy/declarations page,
listing UNIFIED PEOPLE’S FEDERAL CREDIT UNION as Lienholder to us:
Unified People’s Federal Credit Union
414 E. 18th Street
Cheyenne, WY 82001-4616
Claims Department with FICOR is:
Contact: Wayne Peterson
Address: 11831 W. 77th Street
Lenexa, KS 66214
Fax Number: 913-956-2727
Claims Email: email@example.com