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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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, […]
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When Is It Too Late to Get a Car Accident Lawyer in Allentown, PA?
Last-Minute Legal Help: Allentown Car Accident Lawyer Discusses Time Limits
As anyone in a car accident in Allentown, PA, knows, the clock starts ticking when the accident occurs. The legal system and insurance companies don’t wait for you to recover, nor should you. At Munley Law, our Allentown car accident lawyers understand the anxiety of car accidents and the urgency to settle legal matters as quickly as possible. However, we also want you to know there is always time to get the legal help you need. Let’s dive into the topic to clarify any questions about time limits and car accident lawyers in Allentown.
What Is The Statute of Limitations for a Car Crash in Allentown, PA?
In car crash claims, timing can make or break your case. In Allentown, PA, the law provides a two-year window from the accident date for filing a personal injury claim. […]
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Stroudsburg Construction Accident Lawyer
Construction laborers face some of the most dangerous working conditions in Stroudsburg and throughout Pennsylvania. With fatal and nonfatal workplace injuries on the rise for this group, many construction accident injury victims may not know their rights and options for financial recovery.
The award-winning Munley Law Stroudsburg construction accident attorneys have fought for the rights of injured workers in Pennsylvania for decades, and we can do the same for you.
If you or a loved one were injured due to a construction site accident, the only construction accident injury law firm in Stroudsburg you need is Munley Law. For a no-obligation, free consultation, contact Munley Law at 570-338-4494.
Dedicated Stroudsburg Construction Accident Injury Law Firm: Munley Law
In 2020, construction workers made up a third of all fatal injuries in the industry. With slips, trips, and falls, some of the most common accidents that result in severe and sometimes fatal injury, […]
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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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