Fall is here and the holiday season upon us. There a numerous reasons to be celebratory whether it be religious, sports related or my personal favorite Halloween. It is important to remember that while celebrating with friends and family can be liberating that we keep our wits about us and remember not to drink and drive. I recently came across a comical picture illustrating the arrest of a person in halloween costume for driving under the influence. While my initial response was to laugh, I quickly began to consider the reality that this person’s life will be dramatically affected by their actions and the importance of understanding the seriousness of a DUI on a financial plan. You might be thinking it will be a very expensive ticket and a mark on your drivers license. It’s way more than that. From the initial expense of having your car towed to the impound lot, to the lost wages or even your job, the cost can be astronomical.
Lets consider for a moment that you are still in your residency and have not yet purchased income protection. The fact that you will need it is not the issue now. Its can you get it and if so what is the cost? The same goes for your malpractice, life insurance and other financial protective devices you will want to put into your personal portfolio.
Over the years we have had several clients that faced DUI or substance abuse issues and while they may be more challenging for us and costly for our clients it has most certainly been worth the extra effort to provide them with peace of mind that proper coverage provides.
In conclusion its always good to have a back up plan. If you are going to have a night out on the town and cut loose, taxis or calling a friend cost a lot less then the trouble of a DUI.
Stacia Musleh
V.P. Musleh Financial Services
