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.
More information about Insurance
Allentown Workers’ Compensation Attorneys for Warehouse Workers
Workers’ Compensation For Allentown Warehouse Workers
Warehouse workers provide a valuable link in the world of commerce. They ensure the efficient distribution of goods from manufacturers to consumers. Working amid conveyor belts and motorized vehicles for moving pallets and transporting orders for shipment is especially dangerous after long work hours. If you or a loved one has experienced an injury in a warehouse accident in Allentown, you may be eligible for workers’ compensation benefits. Legal advice or action is sometimes needed to secure payment. Don’t hesitate to contact an Allentown workers’ comp lawyer for a free consultation.
What Type of Workers’ Comp Benefits Are Available For Allentown Warehouse Workers?
Workers’ compensation, with certain restrictions, covers medical expenses, lost wages, and disability benefits if the injury prevents a return to work. Regarding the replacement of lost wages for the time a worker is unable to return to work, […]
More information about Insurance
Workers’ Compensation Specific Loss Benefits
Workplace injuries that cause loss of use or amputation of a body part, such as a finger, hand, arm, toe, or foot, are called a “specific loss.” When you suffer a specific loss on the job, an Allentown workers’ comp attorney can help you receive the compensation you deserve.
If you need help understanding whether you qualify to file a claim for workers comp and specific loss, call an Allentown workers’ comp lawyer at Munley Law. We can assess your claim and file it for you. If you previously filed a claim for a specific loss, and your claim was denied, an experienced workers’ comp lawyer can appeal your claim to ensure you receive the compensation due to you.
What Are Specific Loss Benefits in Allentown Workers Comp?
You can receive specific loss benefits after a workplace injury results in losing a body part or bodily function. […]
More information about Insurance
Can You Sue for a Workplace Injury in Mehoopany, PA?
If you’ve been injured at your workplace in Mehoopany, Pennsylvania, you may wonder whether you can sue for workers’ compensation. You should understand the process and your right to file a workers comp claim with a Mehoopany workers’ compensation lawyer in such situations. Let’s delve into the various aspects of workers’ compensation claims, and when you may consider pursuing additional legal action.
How Can Workers’ Compensation Help Me After My Work Injury?
Workers’ compensation is a legal safety net to support injured workers during their recovery, ensuring they receive necessary medical benefits and financial assistance. If you’ve sustained a workplace injury in Mehoopany, you can file a workers’ compensation claim to seek financial for your injuries, medical bills, and lost wages. These claims serve as a lifeline for injured workers who may otherwise suffer significantly from workplace injuries.
If you’re an injured worker, […]
Read MoreMore information about Insurance
Mehoopany Car Accident Lawyer
At Munley Law, we are dedicated to serving Mehoopany, PA, and its surrounding communities by providing exceptional legal representation to those who have suffered personal injuries in car accidents. As your local Mehoopany car accident lawyer, we understand the challenges you face after being involved in an accident, and we are here to help you navigate the complex legal landscape to secure the compensation you deserve.
How Can a Mehoopany Car Accident Lawyer Help Me With My Claim?
A Mehoopany car accident lawyer will handle all aspects of your case, from filing claims to negotiating with insurance companies, allowing you to focus on your recovery.
We aim to ensure you receive total compensation for your losses, including medical bills, lost wages, pain and suffering. We leverage our expertise to build a strong case on your behalf, […]
Read MoreMore information about Insurance
How is Pain and Suffering Calculated in Williamsport, PA?
In Williamsport, Pennsylvania, and across the country, personal injury law plays a critical role in seeking justice for those who have been harmed due to the negligence or wrongdoing of others. One of the most complex aspects of these claims is understanding how pain and suffering damages are calculated.
What is Pain and Suffering?
Pain and suffering is a legal term used to define the physical and emotional anguish experienced by a person due to an injury. It’s a complex aspect of personal injury claims in Pennsylvania and falls under non-economic damages – which signifies intangible losses that have a definitive monetary value.
Physical pain can stem from the immediate injury and any necessary medical treatments. At the same time, emotional suffering can arise from the trauma of the event and the ongoing impact on the individual’s quality of life. […]
Read More
