Ensure your loan payment will be taken care of as you search for new employment.
- Plan 1: Cancels up to 6 payments per occurrence (aggregate maximum $15,000, up to $1,000 per month).
Designed with you in mind
More than ever, we all worry about things that might happen tomorrow. PenFed Debt Protection provides an important sense of financial security - knowing your loan will not become a burden to you in times of hardship.
Cancel at any time
You may cancel PenFed Debt Protection at any time. If you do so within the first 30 days, we will refund any fees already paid.
Want to learn more?
Talk to a representative today by calling 800-247-5626 to learn the details about our optional Penfed Debt Protection plan.
Click Here to View a Sample Loan Addendum
You can add this benefit during your loan application process. For more information or to see if your loan is eligible for optional Credit Insurance, call PenFed Representative at 800-247-5626.