| Navy Federal Offers three options which pay off or make payments to your loan in the event you can not. Payment Protection Plan is voluntary and not required in order to obtain credit. We will not consider whether or not you elect the program in making our credit decision. You have the right to cancel at any time for any reason. If you cancel within 60 days of enrolling in the program, we will credit the outstanding balance for any fees charged for the program. You should carefully read the Payment Protection Plan Agreement and Disclosure for a full explanation of the terms and conditions of the program. Payment Protection Plan is not available for Overdraft Line of Credit. | |