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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Can I Get a Settlement from Workers’ Compensation If I Go Back to Work?
Returning to Work During Workers’ Comp Claim
After an injury on the job, you will have many questions about how to proceed. One may be: “Can I get a settlement from workers’ compensation if I go back to work?” The answer to that is yes. If your doctor has cleared you to work, and your injury won’t get in the way of performing your normal duties, then you are expected to return. This will not impact your workers’ compensation claim.
The workers’ compensation insurance program is a sure way to protect both employers and employees in the state of Pennsylvania. The Workman’s (Workers’) Compensation Act of 1915 ensures that employees’ medical needs and lost wages are covered in the event of a workplace accident. At the same time, it protects employers against crippling lawsuits from injured workers.
You should always remember, […]
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Can I Sue Workers’ Comp for Pain and Suffering?
Exploring Pain and Suffering Workers Comp Claims
After a job injury, there can be damages beyond the physical. If you’re wondering “Can I Sue Workers’ Comp for Pain and Suffering?,” the short answer to this important question is no. The Pennsylvania Workers’ Compensation Act does not allow employees to collect damages for pain and suffering after a workplace accident. According to the law, workers may only collect workers’ comp benefits for medical expenses and lost wages.
However, even though an employee cannot recover pain and suffering damages through workers’ compensation, there are still legal options they should explore. There are certain situations where a worker can file a third-party claim against another party or parties who were responsible for your work-related injury. For example, if you are a construction worker and suffer a work injury due to the negligence of the general contractor, […]
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Can I Change Jobs While on Workers’ Compensation in Pennsylvania?
How to Consider Job Changes While on Workers Comp
If you’re on workers compensation after a work injury, but looking for a new job, you may be asking: Can I change jobs while on workers’ compensation in Pennsylvania? The answer to this question is a bit complicated and has multiple layers to it, which we will break down in this article. The first layer of the answer is: your workers’ compensation claim is based on when your work-related injury occurred. If you qualified for workers’ compensation at the time of the injury, then you are eligible to receive those benefits after suffering a work injury.
If you quit your job while on workers’ compensation, your former employer’s workers’ compensation insurance must still pay for medical treatment that is reasonable and necessary to the work injury. If you are currently receiving total disability wage loss benefits, […]
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Can I Lose My Job While on Workers’ Compensation in Pennsylvania?
A Lawyer Can Help Navigate Workers Comp Process
If you’ve been injured on the job, you may be stressed and wondering “Can I lose my job while on workers compensation in Pennsylvania?” The Pennsylvania workers’ compensation program can seem confusing and intimidating to an employee, especially if you’re trying to navigate it on top of dealing with a workplace injury. We will break down exactly what workers’ compensation is, how you can access it, and what to do if you’re facing termination in the process of your claim.
Aside from seeking medical attention for your work injury, the most important thing you can do to protect yourself is hire an experienced Munley Law Personal Injury Attorneys workers’ compensation attorney to help protect your rights. Munley workers’ comp lawyers offer a free consultation to prospective clients where they will answer any question you have regarding your claim. […]
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What a Philadelphia Truck Accident Lawyer Can Do For You
Truck Accident Cases Can Be Severe & Complex. We Can Help.
Truck Accident Cases Can Be Severe & Complex. We Can Help.Standing fourteen feet tall, boasting an impressive seventy feet of length, and weighing in at an astounding 80,000 pounds, semi-trucks are truly a sight to behold. You can probably still remember being a young child and marveling at these metal monsters as they rumbled down the highway.
However, for the victim of a truck accident, these behemoth vehicles represent a lot more. If you or a loved one have been injured in an accident with a truck, it’s important you have an experienced truck accident lawyer by your side. At Munley Law Personal Injury Attorneys, our Philadelphia truck accident lawyers are the top truck accident lawyers in the country. We have decades of experience ensuring truck accident victims get the justice they deserve.
Truck accidents can be complicated cases – […]
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