Insurance

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.

More information about Insurance

Birth Injury Lawyers

A child’s birth should be a cause for celebration. But when negligent medical professionals cause your child to experience fetal distress, oxygen deprivation, or physical trauma, you have a right to take legal action. The long-term costs for medical care for your child, along with the emotional trauma you’ve had to endure, can be a burden too significant to handle on your own. At Munley Law, we fight for the injured children and their families who suffered from a birth injury. Let our birth injury attorneys help you get the financial compensation you need for your baby.

What is a Birth Injury?

Birth Injury Lawyer According to the National Library of Medicine, a birth injury is any damage to the newborn’s body due to an adverse event that occurred at birth. Birth injuries can occur at any point in the birthing process or during pregnancy. […]

Wrongful Death Attorneys

No amount of money can compensate for the loss of a loved one. But Munley Law’s wrongful death attorneys help ease the financial burden and bring a sense of closure by pursuing a wrongful death claim. When an accident or act of negligence causes a wrongful death, the liable party should be held accountable.

Munley Law has helped hundreds of families obtain justice. For 65 years, our wrongful death lawyers have fought for families and individuals who have lost a family member due to someone else’s wrongful action. The grief your family is facing is overwhelming, and Munley Law will legally support you throughout your claim. Contact us today for a free consultation to discuss your wrongful death lawsuit.

What Is a Wrongful Death?

Wrongful Death Attorneys

When an individual dies because of the negligence or misconduct of another party, a wrongful death action seeks to compensate surviving family members for the losses they are suffering. […]

Philadelphia Motorcycle Accident Lawyer

A Philadelphia motorcycle accident lawyer at Munley Law knows that collisions between motorcycles and larger vehicles often result in catastrophic injuries for riders. With only clothing and perhaps a helmet for protection, motorcyclists are completely vulnerable to the full force of impact in a crash involving cars, SUVs, or commercial vehicles.

The aftermath of an accident brings unique legal challenges. Without experienced legal representation, insurance companies may exploit these complexities, pressuring injured riders to accept settlements before seeking independent legal advice.

For 65 years, the motorcycle accident attorneys at Munley Law have successfully fought for riders’ rights. Our deep understanding of Pennsylvania traffic laws and insurance practices has helped us secure substantial client settlements and awards. Our professionalism is recognized by peers and many of our partners hold board certification from the National Board of Trial Advocacy.

Don’t let insurance companies undervalue your claim. […]

Can You Sue For Wrongful Death In A Motorcycle Accident Claim?

Losing someone you love in a motorcycle accident raises the question of whether you can sue for wrongful death. In many cases, the answer is yes, you can sue for wrongful death in a motorcycle accident claim, if another person or party’s actions caused the accident and your family’s loss.

Your motorcycle accident lawyer with Munley Law can explain how these claims work, what proof is needed, and how we can help your family pursue the justice and compensation you deserve. Contact us today for a free consultation. There is no fee for our services unless we win your case.

Speak with a motorcycle accident lawyer today.

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When a Motorcycle Crash Becomes Grounds for a Wrongful Death Lawsuit

If you lost a loved one in a motorcycle crash, […]

Kentucky Truck Accident Lawyer

A collision with a commercial truck can change your life in an instant. Whether it happened on I-75 near Atlanta, I-95 outside Savannah, or a rural highway in southern Georgia, truck accidents often leave victims with serious injuries, costly medical bills, and overwhelming uncertainty about what to do next. If you or a loved one has been injured in a truck accident anywhere in Georgia, you need experienced legal representation on your side.

At Munley Law, our nationally recognized truck accident attorneys have decades of experience standing up to trucking companies and their insurers. We know the complex regulations that govern the trucking industry, and we know how to hold negligent drivers and companies accountable. From Macon to Augusta, Columbus to Alpharetta, we represent truck accident victims across the state of Georgia.

Our team of truck accident attorneys are leaders in the field of trucking litigation. […]