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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Pennsylvania Crosswalk Accident Lawyer
With Pennsylvania seeing a concerning rise in pedestrian accidents at marked crosswalks, particularly in urban areas like Philadelphia and Pittsburgh, experienced legal representation is more needed than ever before. If you’ve been injured crossing the street, a Pennsylvania crosswalk accident lawyer at Munley Law can help you secure the compensation you deserve.
Our legal team has spent decades representing pedestrians struck by vehicles while legally crossing the street. We understand how devastating these accidents can be — from severe injuries that require extensive medical care to lost wages that put financial strain on your family.
Our attorneys work closely with accident reconstruction experts, gather surveillance footage, interview witnesses, and build strong cases against negligent drivers and their insurance companies.
Contact Munley Law today for a free consultation with our crosswalk accident attorneys. We’ll review your case, explain your legal options, and fight to protect your rights while you tend to your recovery. […]
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West Chester Workers’ Compensation Lawyer
If you’ve been injured at work in Chester County, a West Chester workers’ compensation lawyer at Munley Law can help protect your rights and secure the benefits you deserve. For 65 years, our legal team has fought for injured workers throughout Southeastern Pennsylvania, helping them secure fair benefits while they focus on recovery.
We understand the physical, emotional, and financial toll workplace injuries take on individuals and their families. Our experienced attorneys have secured millions in compensation for workers across diverse industries, from construction and manufacturing to healthcare and office environments. Whether you’re dealing with a denied claim, insufficient benefits, or employer retaliation, we have the expertise to advocate effectively.
Don’t let a workplace injury derail your future. Contact Munley Law today for a free consultation with our West Chester workers’ compensation attorneys.
Protecting the Rights of Injured Workers in West Chester
At Munley Law, […]
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York Premises Liability Lawyer
Property owners are legally obligated to maintain safe conditions for visitors and workers. If you’ve been injured on someone else’s property—whether you slipped on an icy walkway at a shopping center, fell down poorly maintained stairs at an apartment complex, or were hurt at a construction site—a York premises liability lawyer from Munley Law can help. For 65 years, our legal team has represented York County residents who’ve suffered injuries due to negligent property maintenance and inadequate security.
Contact Munley Law for a free consultation to discuss your case. Our experienced attorneys will evaluate your situation, explain your legal options, and fight to hold negligent property owners accountable.
How Our York Premises Liability Lawyers Can Help
When you work with Munley Law, our premises liability attorneys handle every aspect of your case. Our team thoroughly investigates your accident, gathering security footage, maintenance records, […]
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West Chester Uber Accident Lawyer
If you’ve been injured in an Uber accident, a West Chester Uber accident lawyer at Munley Law can help you recover compensation. Our attorneys regularly handle rideshare accidents throughout the Borough’s historic district. We understand the specific challenges of accidents near West Chester University, during First Friday events, and in the busy restaurant district along the Gay Street corridor.
Pennsylvania law gives you two years to file an injury claim after a rideshare accident. During this time, you’ll need to deal with multiple insurance policies: the driver’s personal coverage, Uber’s corporate policy, and potentially other drivers’ insurance. Having handled numerous West Chester Uber accident cases, we know how to document your injuries properly, work effectively with the local police, and, if necessary, present your case successfully in court.
Call a West Chester personal injury lawyer at Munley Law today for a free consultation regarding your West Chester Uber accident. […]
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West Chester Lyft Accident Lawyer
When you’re involved in a Lyft accident, determining liability and securing fair compensation can be challenging due to the multiple insurance policies and parties involved. The experienced West Chester Lyft accident attorneys at Munley Law understand the unique aspects of rideshare accident cases and have a proven track record of helping victims in West Chester, PA pursue compensation for their losses.
Don’t let the stress of medical bills, lost wages, and insurance negotiations overwhelm you during this difficult time. Contact the Munley Law today for a free consultation. We will tirelessly fight to protect your rights and secure maximum compensation for your injuries.
Common Causes of Lyft Accidents in West Chester, PA
Distracted driving puts all drivers at risk and it’s, unfortunately, very common to see accidents caused by negligent distraction. Lyft drivers have a heightened risk of driving distracted. They often split their attention between the road and their app, […]
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