Security…done differently
Call us at 513-878-0195 to schedule a free review of your current financial plan and portfolio.
Call us at 513.878.0195 to schedule a free review of your current financial plan and portfolio.
INSURANCE IS ABOUT PROTECTING
Dinergy’s Scope
Annuities
Annuities can be a great way to manage risk in a portfolio when designed specifically for your unique needs.
Few financial products generate as much love/hate among professionals as annuities. In our experience, insurance firms that sell annuities and can’t do market investments—they love annuities. Investment firms that manage market investments and can’t do annuities—they hate annuities.
When designed correctly, used as part of a holistic financial plan, and explained transparently, they can be a great way to manage risk. When used simply to generate agent commissions without regard to your existing portfolio, your plan, or your unique needs—they can be an expensive burden in your portfolio.
Our take is simple since we have the resources to do both annuities and market investments—they’re a tool, just like any other financial product. Our only consideration is what’s right for you. Annuities should be explored and used if, and only if, there is a product that serves your unique financial plan. End of story.
Life Insurance
Life insurance is a major part of many financial plans, reducing the risk that your family’s loss will also punch a hole in their immediate financial security.
If your financial plan still relies on you generating income, life insurance is one of the most important elements of reducing risk. When you’re not there to generate that income, the damage to your family’s financial plan can be difficult, if not impossible, for them to overcome.
The right coverage can provide your family with the confidence to focus on emotional healing without being burdened by the immediate financial insecurity that comes with a sudden loss of income.
Long Term Care Insurance
We include long term care in your financial plan because we’re all getting older and the cost of being older keeps going up.
They’re supposed to be our “Golden Years”; time to relax and reap the rewards of a life well lived. But there’s another side of the coin as the Activities of Daily Life (ADLs) become more challenging with age. Long Term Care coverage is a way to start saving now for the expenses you’ll likely have getting help with those ADLs—and that could make a big difference in how (and where) you spend those Golden Years.
INSURANCE IS A FINANCIAL TOOL TO MANAGE RISK
Insurance products are simple in concept…they’re tools to reduce risk that you’re unwilling or unable to carry on your own.
That may be the risk that you won’t be able to continue providing income for your family (life insurance), risk that the expenses for your elder care will exceed your ability to pay (long-term-care insurance), or risk that you’ll have market losses beyond your risk preference (annuities).
Insurance products are complicated in practice…there are literally thousands of choices between different companies, different coverage levels, different limitations…etc, etc, etc.
We’ll consider your individual situation, risk preference, and goals before we make our non-obligatory recommendations based on our opinion of what insurance products may be best for your financial plan.