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 Kind of Compensation Can You Receive for a Lyft Accident in Bethlehem, PA?
Being involved in a Lyft accident can leave you bewildered and uncertain about what to do next. It’s completely understandable to feel this way. However, Pennslyvania has laws to help you seek compensation for any injuries or damages incurred due to the accident. If you’re unsure about how to seek compensation, don’t worry. The Bethlehem Lyft accident lawyers at Munley Law are here to help. Let’s review the different forms of compensation that may be available to you.
Understanding Your Right to Compensation
Living in Bethlehem, knowing your legal rights is essential if you’re involved in a Lyft accident. Pennsylvania law safeguards accident victims, ensuring you can seek financial recovery for the damages you’ve incurred. This process, known as seeking compensation, allows you to claim for various losses. These could include your medical bills, loss of earnings due to your inability to work, […]
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Pittston Car Accident Lawyer
Car accidents can be life-altering, leaving victims with not only physical and emotional trauma but also a sea of never-ending legal woes. However, it doesn’t mean victims and their families need to mount the obstacles alone. By finding the right Pittston car accident lawyer, injury victims are more equipped to handle the battles they face ahead.
If you or a loved one were injured in a Pittston car accident, you need Munley Law. With decades of experience, the Pittston personal injury attorneys of Munley Law have become a trusted name amongst accident victims. Our team can guide you through the process, whether you’re working through insurance claims, seeking damages, or simply looking for guidance post-accident. Contact the Pittston car accident lawyers today for a no-obligation, free consultation.
What Are the Most Common Types of Car Accidents in Pittston, […]
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Pittston Truck Accident Lawyer
Truck accidents are often much more damaging than the standard passenger vehicle collision. Given the size of tractor-trailers versus a passenger car, the injuries can be more severe, and the impending legal battles are all the more complex. But as a victim, you do not have to handle it alone. A Pittston truck accident lawyer can guide you through the personal injury claims process, ensuring you get the compensation you need to move forward.
Munley Law understands that trucking accidents pose unique challenges, often at the expense of the injury victims. Our legal team has taken on the insurance and trucking companies for previous clients, and we are prepared to do the same for you. For a no-obligation, free consultation, call our Pittston truck accident lawyer.
What Are the Causes of Most Truck Accidents in Pittston, PA?
No two truck accidents are the same, […]
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Carbondale Workers Compensation Lawyer
If you have been injured at work in Carbondale or have become ill with an occupational disease, contact your Carbondale workers’ compensation lawyer at Munley Law today. Your employer is obligated by state law to carry workers’ compensation insurance. If you have suffered an injury or illness while on the job, you may be entitled to recover compensation through financial relief from PA workers’ compensation benefits. To learn more about your legal rights as an injured worker, call our Carbondale personal injury lawyer today or fill out the form, 24 hours a day, for a free case evaluation.
How Does Workers’ Compensation Work in Carbondale, PA?
Workers’ compensation insurance is a financial safety net for Carbondale workers who become injured or sick due to job duties or conditions. The Pennsylvania Workers Compensation Act created it, and the benefits exist to pay for medical expenses and lost wages when you suffer a work-related injury, […]
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Hazleton Workers’ Compensation Lawyer
Under federal law, employers must provide a work environment free of known health and safety hazards. A workplace injury can be devastating to an individual and their loved ones. In addition to physical pain, you may experience significant financial strains due to lost wages and mounting medical expenses. Workers’ compensation is supposed to cover these costs, but what if your claim is denied? The Hazleton workers’ compensation lawyers at Munley Law Personal Injury Attorneys help injured workers in Hazleton get the compensation they deserve. If you suffered an injury in an accident at work and have problems with your workers’ comp claim, contact our Hazleton workers’ comp lawyer for a free consultation. Chat live, email us, or call today.
We do not charge a fee unless we win your case. Para asistencia inmediata en Espanol, favor de llamarnos al numero 570-983-3836.
