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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Harrisburg Truck Accident Lawyer
Our Team of Board Certified Truck Accident Attorneys Are Here For You
Harrisburg is a crossroads city, where Interstates 81, 83, and 76 intersect, and the incidence of semi-truck accidents is high. Harrisburg is a vital part of the United States supply chain, and semi-trucks crisscross the city and surrounding areas. Semi-truck accidents are very dangerous and can cause severe physical injuries and even death. These accidents have serious legal implications, so securing an experienced Harrisburg truck accident lawyer in the aftermath of a semi-truck accident is crucial. Understanding your rights and legal options can mean the difference between just compensation and unnecessary hardship.
If you or a loved one was injured in a truck accident in Harrisburg, our experienced team of professionals can help guide you through the litigation process. The lawyers at Munley Law have the experience and the resources to handle your case. […]
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Bensalem Construction Accident Lawyer
Located in the central region of Bucks County, Bensalem, PA is a vibrant community home to many attractions. From the iconic Parx Casino and Racing venue, Penn Community Bank Amphitheater, and the tranquil Bensalem Township Country Club, this diverse township embodies a unique blend of thriving urban life and serene country landscapes.
Yet, with its booming commercial spaces and ambitious construction projects, Bensalem is not immune to the unfortunate incidents that often accompany such growth. Construction accidents, albeit a less celebrated aspect of progress, can become a grim reality.
If you were involved in a construction site accident in Bensalem, your first call should be to Munley Law. Our Bensalem construction accident lawyers are prepared to fight for your rights and make sure you receive the compensation you need following an accident.
Construction site accident cases can be difficult. Contact an experienced construction accident lawyer at Munley Law today for a free consultation. […]
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Commercial Truck Accidents
A Commercial Truck Accident Can Be Catastrophic. Munley Law is Here to Help.
In a time when we click a button and expect a product to arrive at our doorstep within 24 hours, commercial trucks have become an exceptionally important part of the world as we know it. Commercial drivers ensure that goods move from point A to point B and eventually end up with us. But with a shortage of drivers and more demanding schedules, in no surprise that commercial truck accidents have increased in the past few years. Getting into a crash with a commercial truck can result in severe injuries, leading to a hefty financial debt. You will need the assistance of a truck accident attorney to help you with the burden.
If you or a loved one has been in an accident that involves a commercial truck, we are first and foremost so deeply sorry you’ve had to endure that experience. […]
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Head-On Truck Accidents
Don’t Take on the Truck Company Alone. Our Head-On Truck Accident Lawyer Will Fight For You.
If you or a loved one has been involved in a head-on truck accident, you may be feeling overwhelmed and uncertain of what to do next. At Munley Law, we understand the confusion and stress that comes with these types of motor vehicle accidents. That’s why we’re here to help. Our experienced truck accident lawyer will guide you through every step of the process, from investigating the accident to filing a claim and getting the compensation you deserve.
Don’t wait another second. Contact our truck accident attorney today for a free consultation.
How Do Head-On Truck Accidents Occur?
Head-on collisions are some of the most traumatic events in terms of the damage caused and often result in life-threatening injuries or even death. These collisions occur when two vehicles traveling in opposite directions collide in a frontal collision. […]
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Frequently Asked Questions About Workers’ Compensation in Bensalem
At Munley Law, we understand that navigating the world of workers’ compensation can be complex and overwhelming, especially during times of stress. That’s why we’ve created this resource – to provide you with clear, local, and relevant information about workers’ compensation in Bensalem. We have more than 60 years advocating for injured workers in Bensalem, PA.
Why Workers’ Compensation Matters in Bensalem 
Bensalem, a vibrant and bustling community in Bucks County, Pennsylvania, is home to hardworking individuals who contribute to various industries.
Whether you’re employed in healthcare, manufacturing, retail, or any other sector, understanding your rights and options when it comes to workers’ compensation is essential. Accidents and injuries can happen anywhere, and workers’ compensation serves as a safety net to protect you and your family during these unexpected moments.
Navigating Workers’ Compensation: Local Expertise at Your Fingertips
At Munley Law, […]
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