Personal life insurance is invaluable in the United States. This is the most secure way to support a surviving family after the loss of a loved one. To that end, personal and permanent life insurance can also help cover mortgage payments and loans in the event of a person’s death. Finances are often the last thing on a person’s mind after the loss of a loved one, but AARP life insurance can simplify the process. Here are seven popular options among those seeking solid insurance policy protection:

1. Travel life insurance
Travel insurance is a type of insurance coverage that deals with financial losses while travelling, and it’s often recommended to buy prior to taking a vacation to protect you and your loved ones during domestic or international trips. The main categories of travel and cruise travel insurance include baggage coverage, trip cancellation or interruption coverage, rental car and rental property coverage, medical/accidental death coverage (also known as travel life insurance for seniors), and 24/7 emergency response services that can help with cash transfers, re-booking flights, and even replacing lost passport during travel.

2. Term life insurance
Term life insurance is a policy that provides coverage at a fixed payment rate for a predetermined period. That fixed payment is not guaranteed once the term expires, which often causes the insured person to obtain different coverage. This type of insurance is often less expensive than other options, even if the insured person has known high-risk conditions.

3. Variable life insurance
As the name implies, variable life insurance has a cash value that varies depending on the number of premiums paid over the course of the policy. This type of policy is designed to meet certain investment goals, insurance needs, and tax planning goals. This coverage is most appropriate for people with certain protection needs.

4. Simplified life insurance
Simplified life insurance is a quick and easy way to obtain an insurance policy. This option can be approved with minimal health questions asked and answered. This is a good option for those who do not wish to complete a medical exam, as well as for those who need insurance coverage quickly.

5. Guaranteed issue life insurance
A guaranteed issue insurance policy is another option for people who do not want to have a medical exam. This is an excellent insurance plan for those who have complex health conditions that are unable to obtain other types of insurance. While coverage amounts are typically lower than options that require medical information, this is sometimes the only policy for which certain populations are qualified.

6. Universal life insurance
Under a universal life insurance policy, any excess in premium payments, paid monthly, is credited to the policy’s cash value. This is then additionally credited with interest. This policy offers lower premiums while funding income replacement, debt coverage, estate replacement, and estate liquidity when the insured person dies. This is also among the most transparent insurance options, as administrative expenses and cost of insurance are made known to the policy owner.

7. Whole life insurance
This insurance is a policy guaranteed to last for the insured person’s entire life; given that premiums are paid. This guarantees security in the event of a sudden loss. Additionally, businesses are known to use whole life insurance to guarantee security in certain buy-sell agreements and/or deferred compensation, which is outlined on certain 1099 and W2 forms. However, this type of insurance often has high premiums, which does not make it a great option for folks with temporary needs or young families.