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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Altoona Personal Injury Lawyers
When you or a loved one has been injured due to someone else’s negligence, it can be an overwhelming experience. Faced with recovery, missed work, lost paychecks, and mounting medical expenses, an injury can have long-term, even lifelong aftereffects. 
At Munley Law, we understand the physical, emotional, and financial toll that personal injuries can take. Our dedicated Altoona personal injury attorneys, are here to help guide you through this difficult time. With over 60 years of experience, we are committed to providing compassionate and effective legal representation, ensuring you receive the justice and compensation you deserve.
Trust us to fight tirelessly on your behalf so you can focus on healing and moving forward.
Experienced Personal Injury Attorneys in Altoona
At Munley Law, our experienced Altoona personal injury attorneys are devoted to securing the justice and compensation you deserve. […]
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Pottsville Personal Injury Lawyer
Our Pottsville personal injury lawyers are here to provide the support and legal expertise you need. We specialize in various personal injury cases and are committed to fighting for our clients’ rights in Pottsville and beyond. Let us handle the complexities of your case so you can focus on healing and moving forward.
Call or submit our online form today to schedule a free consultation.
Why Choose a Pottsville Personal Injury Attorney at Munley Law?
There are hundreds of personal injury law firms in Schuylkill County, but they are not all the same. Choosing the right personal injury lawyer can make a significant difference in the outcome of your case.
- Decades of Experience: With over 60 years of experience, our attorneys have handled thousands of personal injury cases. Our extensive knowledge and proven track record ensure we can effectively advocate for your rights. […]
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Upper Darby Personal Injury Lawyer
Your Upper Darby Personal Injury Lawyers at Munley Law
In the bustling community of Upper Darby, Pennsylvania, accidents can happen in the blink of an eye. When they do, the aftermath can be overwhelming, both emotionally and financially. It’s in these moments that the expertise of a dedicated and experienced Upper Darby personal injury lawyer becomes invaluable.
At Munley Law, we’ve championed the rights of accident victims throughout Pennsylvania for over 60 years. Our award-winning team specializes in cases specifically related to personal injuries, ensuring that victims receive the justice they deserve.
Our legacy at Munley Law is built on trust, competence, and results. We’ve been consistently recognized among the Best Lawyers in America, selected to Pennsylvania Super Lawyers, and are board-certified by the National Board of Trial Advocacy. Our track record boasts numerous multi-million dollar settlements and verdicts, […]
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Lebanon PA Personal Injury Lawyers
Navigating the aftermath of a personal injury can be a daunting experience, especially when you’re juggling medical appointments, insurance claims, and emotional stress. If you’re a resident of Lebanon, Pennsylvania, or the surrounding areas, you may be contemplating the need for legal assistance.
Hiring a Lebanon personal injury lawyer can be a pivotal step in securing the compensation you rightfully deserve. With expertise in local laws and a focus on client care, these specialized attorneys are equipped to guide you through the complexities of personal injury lawsuits.
Why is it crucial to engage a local lawyer for your personal injury lawsuit? Not only do they have a nuanced understanding of Pennsylvania’s personal injury laws, but they also have established relationships with local courts and insurance companies, which can be invaluable in expediting your case. Moreover, a Lebanon-based personal injury lawyer can offer personalized consultations, ensuring that your unique circumstances are meticulously evaluated. […]
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Norristown Personal Injury Lawyer
At Munley Law, our Norristown personal injury lawyers have been helping injured people throughout Pennsylvania for over 60 years. Our knowledge, skills, reputation, and vast resources make us one of the nation’s top personal injury law firms. If you have suffered harm because of someone else’s negligence, let us help you secure justice. The process begins with a free, no-obligation consultation with one of our attorneys. Call or chat live with us today to schedule a free consultation.
Types of Personal Injury Cases We Handle in Norristown, PA
To maximize your claim‘s chances of success, you’ll want to find a lawyer with experience handling cases like yours. Choosing a law firm that specializes in personal injury and has experience with your particular case type is important. These are some types of personal injury cases we have experience with at Munley Law. […]
