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Individual Life Insurance in Lima OH & Elida OH

Reassurance for you and your Loved Ones.

Ley Insurance Agency provides life insurance to individuals in Lima, Elida, Columbus Grove, Cridersville, Wapakoneta, Spencerville, and surrounding areas.

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At Ley Insurance Agency, we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the reassurance they deserve. 

Types of Individual Life Insurance

Ley Insurance Agency offers several different coverage options for your consideration including term life, whole life, and more.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It’s a benefit policy that’s used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life or universal life insurance.   

There are two types of term life insurance: 

  • Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  • Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.
  • Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

Ley Insurance Agency is here for you

There are many things to take into account when purchasing life insurance, and changes in your life situation can reflect changes in your insurance requirements. That’s why it’s important to carefully consider the different policy options and ensure that you have the right solution to meet your long-term life insurance needs. 

An insurance specialist with Ley Insurance Agency will review your current life insurance situation and help you design a policy to plan for the future. 

At the end of the day, one of the biggest investments you can make is an investment in yourself. 

As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure this product is suitable for your long-term life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

Our Location

Ley Insurance Agency

513 N Cable Rd
Lima, OH 45805
Main office: 419-434-9595

Our Providers

Testimonials

Very happy with their service and they meet my auto and home owners needs at this time!
Yvonne D
We have had several years of excellent service!
Roger P
I have been with Dennis Ley insurance since I got my license. The staff has always been very helpful with making sure my payments were made and that I was always in compliance. They are prompt with answering questions and I never have to worry about anything!! Thank you for always being PROFESSIONAL!!
MIchael C
Enjoyed working on finding an insurance package with our agent. Thanks for your service!
James B
I am extremely happy with Ley Insurance Agency. I had been a lifelong customer with another company and continued to have rate increases. When I contacted Ley Insurance I found the staff to be very courteous and they explained the products thoroughly. I was astounded when I discovered I could save nearly $1,000 per year in premiums. I quickly shared the word and referred several others. They also saved a significant amount of money and are very pleased that they made the switch as well. Thank you for your outstanding service!
Mark F
I can always count on my agent to answer all my insurance questions and provide me the best service at a good price!
Fred M
Having been with the same insurance company for many years, we decided to shop around. We found Ley Insurance Agency. They were friendly, courteous, and very professional. They saved us a considerable amount of money. We are extremely happy!
Esther R
Thank you so much for the flowers! It made my day! Great service and great people!
Shannon H
When my daughter was 'kicked out' of our insurance company approximately 20 years ago, Ley Insurance was the first one of approximately 10 companies that would insure my two teenager and myself. It sticks with you when you are turned down. Many have told me I could find cheaper or better and I don't go looking. I remember who helped us out many years ago.
Sheila C.