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Tuesday, April 11, 2006
Costly vices
MSN Money has the article: Are your vices killing your finances? While I don't smoke, drink (much), or do coffee - I am an admitted Diet Coke addict. For those of you who do enjoy alcohol more than I do, here is a sobering little tidbit from the article:
Speaking of insurance, though it's not generally known, insurers in all but four states* (as of 2004) can include a provision in your policy that exempts them from paying for damages or losses you sustained while intoxicated. Though this escape clause in the Uniform Accident and Sickness Policy Provision Law (or UPPL) is most-often included in health-care coverage, some jurisdictions allow it in accident, long-term care and disability policies, too.
* According to this pdf paper (Effect of the Uniform Accident and Sickness Policy Provision Law on Alcohol Screening and Intervention in Trauma Centers) I found, Massachusetts is not on the list (Table 4 page 6).
posted by Boston Gal @ 8:37 AM  * *

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Name:Boston Gal
Location:Boston, Massachusetts
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Current: $504,334.85
Goal: $3,376,500.00

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