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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Easton Workers Compensation Specific Loss Benefits
Known for its rich history, beautiful landscapes, and vibrant community, Easton, PA, offers diverse industries, businesses, and a skilled, flexible workforce.
Easton is known for its industrial history, but even today, the city still boasts a strong manufacturing base, with companies specializing in metal fabrication, food processing, plastics, and machinery production. These manufacturing enterprises contribute to the local economy and drive the entire region’s economic growth.
Workers in Easton are skilled and diverse. The city benefits from a highly trained labor pool, offering expertise in manufacturing, healthcare, education, technology, and other sectors.
Whether you are a server in one of downtown’s busy restaurants or a skilled worker in a manufacturing hub, when you are permanently injured at work, you can file a claim for financial compensation to help you recover and beyond.
If you have been injured during your work duties in Easton, […]
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Bethlehem Workers’ Compensation FAQs
What Happens When You’re Injured at Work in Bethlehem?
If you are an injured worker, you can receive help with your medical expenses and lost wages through PA workers’ compensation insurance. If you or a loved one suffers from a work-related injury, call the experienced Bethlehem workers’ compensation attorneys at Munley Law. We will help you file your paperwork, answer your questions, and fight for you to receive the workers’ comp benefits you are entitled to.
Call us today at our Lehigh Valley offices or complete our online form for your free case evaluation. An attorney with worker’s compensation law expertise will help guide you to your next steps.
What is Workers’ Compensation Insurance?
Workers’ compensation is a state-mandated insurance program (also known as workman’s comp or workers comp) that provides workers with financial relief for job-related injuries and illnesses. Most employees in PA are covered by workers’ […]
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Philadelphia Pedestrian Accident Lawyer
Struck By a Car, Truck, or Bus in Philadelphia? Our Pedestrian Accident Lawyers Can Help
Unfortunately, even the most careful pedestrians can encounter a careless or reckless driver, leading to a pedestrian accident injury that changes the course of their lives. If you or a loved one has been involved in a pedestrian accident anywhere in Philadelphia, you may have a personal injury claim. You need PA’s top pedestrian accident lawyers on your side. Call us today for a free accident consultation with your pedestrian accident lawyer.
Pedestrian crashes can lead to serious accident injuries, which lead to huge medical expenses. Injuries from pedestrian accidents can cause you to have months of lost wages, doctor visits, and physical therapy in the future. You may be rightfully scared and confused about what to do about ever-increasing medical expenses, […]
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Philadelphia Rideshare Accident Lawyer
Were You Injured in a Philadelphia Rideshare Accident and Now Need an Uber Accident Lawyer?
If you or someone you love was injured in a rideshare accident, it’s important to have an experienced rideshare lawyer on your side to fight for the compensation you deserve. Rideshare accident claims can be difficult to navigate on your own and you may not be sure who should be paying your medical bills. That’s why it’s important to speak with an experienced Philadelphia rideshare accident attorney right after your accident.
How Dangerous is a Rideshare?
While these apps help us get from point A to point B more efficiently, they can also contribute to a growing safety issue. When you choose to take an Uber or Lyft, it’s often for either convenience or safety if you plan on drinking. But you are putting trust in that driver, […]
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Bethlehem Workers Compensation and Third Party Claims
If you have been injured during an accident or incident at work in Bethlehem, you might be understandably anxious, scared, and confused by all of the requirements and paperwork required to start a workers’ compensation claim. If this has happened to you, you might consider filing a workers’ compensation claim and suing a third party for financial compensation.
If you or a loved one has been hurt, become sick, or has suffered a fatality due to working conditions, a Bethlehem workers’ compensation lawyer can help.
What is Workers’ Compensation?
Pennsylvania workers’ compensation benefits are designed to provide financial and medical support to employees who suffer job-related injuries or occupational illnesses. By law, almost every employer in Bethlehem, PA, must carry workers’ compensation insurance to cover their employees in case of a workplace injury or illness. These benefits are in place to protect injured workers by ensuring they have access to necessary medical treatment and wage loss benefits during their recovery period. […]
