What is Insurance?
Insurance is, “a contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the “insurer” or “underwriter;” the other, the “insured” or “assured;” the agreed consideration, the “premium;” the written contract, a “policy;” the events insured against, “risks” or “perils;” and the subject, right, or interest to be protected, the “insurable interest.” (Black’s Law Dictionary 946. 4th Ed. Rev. 1968)
An insurance policy is a contract in which an individual or entity (the policyholder) pays an insurance company (the insurer) in regular payments in exchange for financial protection over specific risks or losses. For example, medical insurance helps to cover medical costs, such as hospital visits, hospital stays, and medications. Similarly, auto insurance helps to cover damages incurred from car accidents. Insurance payments are known as premiums. Insurance contracts typically limit the amount of costs that an insurance provider may be required to pay.
The McCarran-Ferguson Act (15 U.S.C. § 1011) grants many aspects of insurance regulation to individual state governments. However, federal laws like federal taxes do apply to insurance, and must be acknowledged. Insurance is important to the legal system, as it helps protect individuals, those who cause harm to individuals through negligence, and any third party that is faced with the burden of compensating for an injury.
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How to File a Claim for a Lyft Crash in Bethlehem
Figuring out what to do after a Lyft accident can be overwhelming. The process is filled with complexities, from recovering from an injury to understanding the intricacies of insurance claims. For those seeking additional guidance or facing legal uncertainties, the Bethlehem Lyft accident lawyers at Munley Law are here to help. With their expertise in handling rideshare car accident cases, you can get started with a free consultation with an experienced Lyft accident lawyer.
Knowing the right actions to take can significantly impact the outcome, whether you’re a passenger, driver, or a third party affected by such an incident. Keep reading to learn how to file a claim to recover compensation.
Understanding Lyft Crashes
In Bethlehem, rideshare services such as Lyft have become a staple in daily transportation. However, with this convenience comes a notable increase in rideshare-related car accidents. […]
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What Does a Bethlehem Medical Malpractice Lawyer Do?
A Bethlehem medical malpractice lawyer is your guide, advocate, and champion if you or a family member have suffered an injury because of a medical professional’s negligence. Medical malpractice occurs when a doctor or other medical professional doesn’t provide the standard of care expected, leading to harm or injury to a patient. It’s a situation no one wants to find themselves in, but it’s essential to know that there are legal paths available if it happens.
With decades of experience, Munley Law profoundly understands the intricacies of medical malpractice cases. The attorneys at our law firm have a track record that speaks volumes about their ability to navigate these challenging cases, offering peace of mind and a sense of security in what can be an overwhelming time. Let’s dive into what medical malpractice entails and how an experienced law firm can make a significant difference in the outcome of your case. […]
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What Is the Statute of Limitations for Truck Accident Claims in Bethlehem, PA?
The statute of limitations for truck accident claims in Bethlehem, PA, is two years. Working with a Bethlehem truck accident lawyer at Munley Law can help keep your claim on track because this timeframe can decide if you can claim compensation for damages or injuries. Beyond this period, claims may be denied without you being allowed to file your personal injury lawsuit.
After a traumatic event like a truck accident, understanding legal terms and requirements can be confusing and intimidating for accident victims. Learn more about why this timeline is in place and what happens if the statute of limitations expires.
How the Statute of Limitations Works for a Personal Injury Lawsuit After a Truck Accident
If you have been involved in a truck accident, it is essential to remember that there is a two-year timeline, starting from the accident’s date. […]
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What Are the Laws for Lyft Accidents in Bethlehem, PA?
The primary traffic laws are the same for accidents involving an on-duty Lyft driver and regular car accidents. However, having a rideshare company like Lyft involved makes things more complicated. Consult with a Bethlehem Lyft accident lawyer at Munley Law for a free consultation. Our legal team can explain the trickier aspects of Pennsylvania law and provide you with the best options based on the details of your car accident.
Our Lyft accident lawyers can help you through the extra complexities like figuring out insurance policies, deciding who is at fault, and dealing with legal matters, all different from a standard car accident. Working with our legal team, you can feel confident that your interests are protected while recovering from the car accident.
Immediately After a Lyft Accident
Experiencing an accident while using Lyft can be scary and stressful. […]
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How Can I Find a Personal Injury Lawyer Near Me in Philadelphia, PA?
You can find a Philadelphia personal injury lawyer by doing initial research online, asking for recommendations from friends and family members, and then meeting with a narrowed-down list of legal professionals before making a final decision. Finding a trustworthy and experienced personal injury lawyer is the first step to seeking justice and compensation.
Munley Law has supported clients through the personal injury case process since 1959. Read on to understand how a Philadelphia personal injury attorney can assist you with your case, what to look for when searching for an accident attorney, and the best ways to find a reliable personal injury attorney near you.
The Role Personal Injury Attorneys Play in Your Case
Personal injury lawyers specialize in providing legal representation to those who have suffered physical, emotional, or financial harm as a result of an accident. They play a vital role in helping individuals who have been injured due to the negligence or wrongdoing of others. […]
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