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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York Personal Injury Lawyer
Personal injuries can abruptly alter one’s life, bringing physical pain, emotional trauma, and mounting medical bills. Such injuries, often resulting from the negligence of others, can range from minor accidents to severe, life-altering events.
In these distressing times, having expert legal representation is paramount. If you’re seeking a York, PA, you’re in the right place. Munley Law Personal Injury Attorneys have championed the rights of injury victims for decades. Our experience, dedication, and intimate understanding of York’s legal landscape will ensure you get the justice and compensation you deserve. We invite you to take the first step towards safeguarding your rights and future. Contact us today.
Types of Personal Injury Cases
Personal injuries can occur in various settings and are often the result of another party’s negligence or misconduct. Here’s a breakdown of some of the most common personal injury cases we handle in York, […]
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Norristown Workers’ Compensation Lawyer
If you were injured at work in Norristown, you may find yourself with a number of urgent questions: how will this affect your livelihood? How long will I be out of work? Who pays for my medical bills? What if my workers’ comp claim is denied? Having an experienced Norristown workers’ compensation lawyer on your side can not only provide peace of mind but can also make a big difference in the outcome of your claim. Hiring a workers’ compensation lawyer is not about suing your employer; rather, it’s about ensuring that you receive the benefits you deserve and that your employer and their insurer adhere to Pennsylvania’s workers’ comp rules.
If you were injured on the job in Norristown and need help with your worker’s comp benefits, our worker’s compensation attorneys are here to help. Contact Munley Law today to schedule a free consultation. […]
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Norristown Workers’ Compensation Death Benefits
Munley Law understands the deep-rooted sense of community that defines our town. We recognize that facing the loss of a loved one due to a work-related injury is an unimaginably difficult journey. In these trying moments, having a compassionate and knowledgeable ally by your side can make all the difference.
Losing a family member due to a work-related incident raises many questions. How will you cope with the financial implications? What are your rights under the Pennsylvania Workers Compensation Act? How do you navigate the paperwork and dealings with insurance companies? We have answers.
In Norristown, where the legacy of the Pennsylvania Railroad and the hum of activity from the Norristown Transportation Center remind us of our industrial roots, we believe in empowering our community. We are not just legal professionals; we are your neighbors, friends, and advocates.
Our expertise encompasses a range of crucial areas, […]
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How Do I Prove A Driver Was Distracted At The Time Of The Accident?
In today’s digital age, the call of a text message, the allure of a social media notification, or even the temptation to adjust in-car settings can prove catastrophic when behind the wheel. Distracted driving has swiftly emerged as one of the leading causes of road accidents, claiming countless lives each year.
For those affected by such carelessness, the aftermath can be a confusing blur of insurance claims, medical bills, and emotional trauma. Proving that a driver was distracted during the accident becomes crucial not just for justice, but also for compensation.
If you or a loved one were injured as a result of a distracting driving collision, call a car accident lawyer at Munley Law.
The Dangers of Distracted Driving
As roads become busier and vehicles more sophisticated, the instances of distracted driving are unfortunately on the rise. […]
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How Do I Find the Best Pittsburgh Car Accident Lawyer Near Me?
Experiencing a car accident is a traumatic event that can turn your life upside down in an instant. Amid the physical and emotional recovery, navigating the legal world becomes an added burden. Having an experienced car accident lawyer by your side is not just beneficial—it’s pivotal to ensure that you receive fair compensation and justice.
However, in a city like Pittsburgh, which has many law firms and independent practitioners, the quest to find the right attorney becomes a challenge in itself. It’s a task that demands thorough research, discernment, and a clear understanding of one’s own needs.
One law firm that is worth reaching out to is Munley Law. We are a family-owned business that has been representing Pennsylvania residents since 1959. When you work with a Pittsburgh car accident lawyer at Munley Law, you’re working with an attorney who will treat you like a member of the family. […]
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