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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The Process of Filing a Personal Injury Lawsuit in Allentown
Accidents can happen in an instant, and suddenly, you’re drowning in medical bills, dealing with lost wages, and figuring out endless paperwork. This can quickly become overwhelming, but you don’t have to navigate this alone. An Allentown personal injury lawyer at Munley Law is ready to assist.
No two personal injury cases are alike, and as a result, the process leading up to filing your claim will be just as unique. Founded by Robert W. Munley in 1959, Munley Law has evolved into one of the nation’s top personal injury law firms. We’re not just attorneys; we’re advocates for victims‘ rights.
We’ve seen firsthand how negligence can disrupt lives. Our job is to fix that wrong and get you back on your feet again. With more than six decades under our belt, we’ve shaped laws that now protect innocent victims. […]
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The Importance of Medical Documentation in Personal Injury Cases in Allentown
The term personal injury covers a wide range of circumstances, from a car accident, slip and fall incident, and medical malpractice to product liability cases. Under the law, individuals who have been harmed due to another’s negligence or intentional actions may seek compensation. Starting with a free consultation, an Allentown personal injury lawyer can review your situation and advise on what comes next in the legal process.
The primary goal here is not just punishing wrongdoers but also ensuring that members of the Allentown community don’t suffer alone because someone was irresponsible or violated regulations. One of the most important things you can do is document your medical treatment, including medical expenses and the treatment process, and be sure to obtain copies of your medical records from your doctor or other healthcare provider.
Here at Munley Law, […]
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Scranton, PA Auto Body Shops Near Me
Overwhelmed, frustrated, and lacking knowledge, where do you go when your car needs repair after a car accident? Scranton, PA, is home to several reliable, honest, and quality auto body repair shops. Our Scranton personal injury lawyers have reviewed many and composed a list that will help the consumer feel confident and be back on the road safely in no time!
Stan’s B & S Auto
12 Walnut Street
Scranton, PA 18509
570-343-0053
Offering 45 years of auto body experience, Stan’s is committed to punctual, quality, and valuable service. Tremendous pride is taken in the care of craftsmanship to ensure your automobile exceeds your repair expectations. Small jobs, including paint touch-ups to full collision bodywork, are treated with the same respect and care. A testament to their 5-star reviews.
Total Collision
2205 Amelia Ave.
Scranton, PA 18509
570-961-9575
Family-owned since 2003, […]
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Scranton, PA Urgent Care Clinics Near Me
If you get into an accident in Scranton, PA, and your primary care physician or an overcrowded ER is not an option, your Scranton personal injury lawyer will tell you to go to a nearby urgent care clinic. These facilities offer a wide range of medical services by qualified healthcare providers, which are an invaluable asset to our Scranton community. Urgent care clinics in Scranton are open seven days a week with extended hours. These clinics allow for convenience and ease of care.
Express Urgent Care
449 Scranton Carbondale Highway
Scranton, PA 18508
570-344-6000
This highly-rated clinic provides a wide range of services to meet your healthcare needs. These services include an onsite lab, x-rays, physicals, vaccinations, COVID-19 testing, and diagnostic information to treat illness and urgent care injuries. Being open seven days a week, easy online “check in,” and most major insurance policies accepted make this clinic an easy and convenient choice when medical attention is needed. […]
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Carbondale Bus Accident Lawyer
Navigating the Legal Landscape in Carbondale, Pennsylvania
Munley Law understands the importance of local knowledge when it comes to personal injury cases. Our Carbondale bus accident attorneys are familiar with the area’s traffic laws, landmarks, and the unique challenges posed by bus accidents. Whether your case involves a school bus, passenger vehicle, or other factors, we have the expertise to navigate the legal landscape in Carbondale.
How Much Does It Cost to Hire a Carbondale Bus Accident Lawyer?
We believe in providing accessible legal support. That’s why we offer a free consultation to discuss the details of your bus accident case. Munley Law operates on a contingency fee basis, meaning you don’t pay unless we secure compensation for you.
If you or a loved one has been involved in a bus accident in Carbondale, don’t hesitate to seek legal action. […]
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