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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Philadelphia Workers’ Compensation Death Benefits
Benefits are available to help protect your family’s future
Pennsylvania workers’ compensation death benefits provide financial support to families affected by the death of a loved one in a work-related injury or due to a work-related illness.
If you have lost a spouse or loved one due to a work injury or an occupational illness that they contracted during the scope of their regular job responsibilities in their Philadelphia workplace, you may be entitled to file for a claim to receive death benefits from their employer’s workers compensation insurance.
The Pennsylvania Workers’ Compensation Act requires that all PA employers carry workers’ compensation insurance for all of their employees. Workers compensation insurance covers all full time, part time and seasonal employees from the first day of their employment.
If you have lost a loved one in a tragic work-related accident or due to a sudden onset or long-term occupational disease, […]
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Delaware Truck Accident Lawyers
If You Have Been Involved in a Truck Accident in Delaware, Call Munley Law Personal Injury Attorneys Today
A crash with a truck is no ordinary event. A truck accident can change your life. After seeking medical care, one of the first things you should do is to consult an experienced truck accident lawyer who will inform you of your rights and take any steps necessary to ensure the transportation and insurance companies won’t avoid responsibility. Their legal team will be ready to deny fault for your injuries – you need someone on your side to represent you.
The consultation with our attorneys is free, and we don’t collect any payment for our services unless we win your case in the form of a settlement or jury verdict. To learn more about what it means to have a Munley Law Personal Injury Attorneys Truck Accident lawyer representing you, […]
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Can I Sue for Being Hit by a Semi Truck?
What to Do After Semi Truck Accident?
If you were hit by a semi truck, you may wonder if you can sue. The reality is that it depends on the circumstances of the collision. If you suffered serious injuries as a result, you may be able to seek legal action via a civil lawsuit. In this case, a personal injury claim will be your next move.
As truck accident victims, those involved in collisions with truck drivers should not have to shoulder the cost of medical expenses, lost wages, and future medical care. If you’re asking yourself “Can I sue for being hit by a semi truck?”, call the semi truck accident lawyers at Munley Law Personal Injury Attorneys today to schedule a free consultation.
Who Can Be Held Liable in a Semi Truck Accident?
Depending on the circumstances surrounding your truck accident case will help your truck accident lawyer and the insurance companies establish negligence. […]
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UHaul Truck Accident Lawyer
If You Were Hurt in a Truck Accident, Contact a U-Haul Truck Accident Lawyer Today
U-Haul trucks are convenient for anyone needing to move or haul furniture or other large items that don’t fit into smaller vehicles. It is a cost-effective way to use a truck without needing to purchase one. Unfortunately, many people who drive U-Haul trucks are not experienced in driving large vehicles and may cause a truck accident that injures other drivers, motorcyclists, and pedestrians. Sometimes, the companies that rent out U-Haul trucks do not properly maintain the trucks. This can lead to crashes that may injure others and the driver and passengers in the U-Haul truck.
If you or a loved one were injured in a U-Haul truck accident, or if a family member was killed, contact an experienced truck accident lawyer at Munley Law Personal Injury Attorneys for a free, […]
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Questions to Ask a Truck Accident Lawyer
When you’ve been involved in an accident with a tractor trailer, you’ll be asking yourself many questions. How can I afford to get my car fixed? How long will I be out of work to recover? Who will pay for my medical bills? These are all common questions that are difficult to answer on your own as many times, it comes down to the specific nature of your truck accident, and the severity of your injuries.
If you’ve been hurt in a truck accident and are wondering what your next steps are, here are some questions to ask a truck accident lawyer.
Q. Can You Prove Who Was Responsible For The Truck Accident?
If it was difficult to prove negligence at the scene of the accident, it will be up to a truck accident lawyer to conduct a thorough investigation in tangent with the insurance companies. […]
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