Life Insurance 

Life Insurance for Individuals in Gahanna, Columbus and Cincinnati, Ohio 

For over 40 years, Slyman Insurance Group has been dedicated to providing comprehensive and affordable life insurance policies for individuals and families across Ohio. We will assess your risks and help you find a policy that suits you and your family best. Life insurance shouldn’t be scary, confusing or expensive. We will help you every step of the way to make sure you and your family can rest easy. 

What Does Life Insurance Cover? 

There are different types of life insurance policies available depending on your needs.  The common types of life insurance include: 

Term Life Insurance 
A term life insurance policy provides coverage for a certain amount of time, such as 10, 20 or 30 years, although other terms are available. This type of insurance is useful in case you only want a life insurance policy until a certain period. 

Whole Life Insurance 
A whole life insurance policy provides coverage for a policyholder’s entire life. Unless cancelled, this policy will last until the policyholder passes away, at which point benefits will be provided to the beneficiaries listed on the policy. 

Universal Life Insurance 
A universal life insurance policy is a type of whole life insurance policy that allows a policyholder to withdraw money from a cash value section of the policy. Cash value is not available for term life insurance policies. 

How Does Life Insurance Work? 
When you purchase a life insurance policy, you will typically pay monthly premiums. The amount you pay builds up to a certain amount of benefits that will be given to the beneficiaries listed on your policy after you pass away. If a policy is cancelled, premiums cannot be refunded.  

Get Life Insurance Today 
It is never too early to consider a life insurance policy. Call Slyman Insurance Group and speak with a kind agent at (614) 475-3583 or fill out an online quote form to get started. 

Common Life Insurance Questions 
How Many Life Insurance Policies Can You Have? 
You can technically have more than one life insurance policy, although you generally cannot have more than one whole life insurance policy from the same insurer. You can, however, have a whole life insurance policy and a term life insurance policy simultaneously. 

How Much Life Insurance Should You Have? 
The amount of life insurance you should have should be calculated based on your income and how much benefits you want your beneficiaries to receive. If you have expensive loans, you will want the value of these loans covered so they do not transfer solely to your family’s shoulders. 

How Often Does Life Insurance Payout? 
Life insurance policies only payout once the policyholder has passed away. If a term life insurance policy ends before the policyholder passes, the benefits will not be paid. 

How are Life Insurance Premiums Calculated? 
Life insurance premiums are calculated primarily on the policyholder’s income. Fill out an online quote form to find out how much you can save on life insurance.