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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Gas Explosion Lawyer
Gas explosions are devastating events that can change lives in an instant. Whether at a job site or at home, these explosions can lead to catastrophic damage and cause severe, even life-threatening injuries, fatalities, and destruction that affect surrounding buildings and families. For survivors, the road to recovery can be long and difficult, both physically and emotionally. If you or a loved one has been injured in a gas explosion, the path forward may feel uncertain. You don’t have to face it alone.
At Munley Law, our gas explosion lawyers understand the unique challenges of these cases. We are here to help victims and their families seek justice and secure the compensation they deserve. With decades of experience handling catastrophic injury cases, we have the expertise to hold the responsible parties accountable and guide you through every step of the legal process. […]
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What’s the Difference Between Permanent and Temporary Disability?
If you’ve been hurt at work and are now undergoing the workers’ compensation benefits forms, you’ll likely see words like temporary disability benefits and permanent disability benefits. Ultimately, your medical improvement will determine the types of workers’ compensation coverage you qualify for. However, these two categories can make a great deal of difference in your compensation for your work-related injury.
In general, your workers’ comp claim can get you financial compensation for medical bills, loss of wages, and future earnings loss in the case of long-term disability.
Before you begin the process, contact a workers’ comp attorney who can guide you to ensure you get the financial benefits you are legally entitled to.
Understanding the Difference Between Temporary and Permanent Disability in Workers’ Comp Cases
The main difference between temporary and permanent disability is when the injured cannot work. […]
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Reading Warehouse Worker Injury Lawyer
Many industries in Pennsylvania rely on warehouse workers to support business. What many people fail to realize is the danger these workers face every day and the commonness of work-related injury.
Injured workers are pressured to keep moving after a work-related incident to keep production pace. Under workers’ compensation laws, employees can seek medical care and recover without fear.
Injured Reading warehouse employees need support. If you were hurt at work, call the workers’ compensation attorneys of Munley Law today.
Major Warehouse Employers in Reading, PA
Given its proximity to Philadelphia, New York City, Baltimore, and Washington, Reading, PA, is a hub for commerce. With a diverse workforce and transportation infrastructure, many warehouses exist in Berks County.
Major warehouse employers in Reading, PA include:
- Amazon
- Lowes
- UPS
- Uline
- S. […]
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Reading Burn Injury Lawyer
Severe burn injuries can have a catastrophic impact on accident victims. From the cost of medical treatment, the physical pain of the burns themself, and the emotional trauma, burn victims need support following their accident.
The Munley Law Reading burn injury lawyers understand the devastation burns can have on the victim and their family. Whether you sustained a burn from a work accident, a defective product, a house firm, or another accident, our lawyers will help you get the financial compensation you need to take care of yourself.
If you or a loved one sustained catastrophic burn injuries, call the Reading personal injury lawyers of Munley Law today for a no-obligation, free consultation.
Common Causes of Burn Injuries
According to the World Health Organization (WHO), a burn is “an injury to the skin or other organic tissue primarily caused by heat or due to radiation, […]
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Reading Misdiagnosis Lawyer
When you see a doctor, you trust they’ll figure out what’s wrong with you and give you the right medicine or treatment. Making a mistake can cause significant problems, especially if they don’t take care of a serious sickness or injury.
If you or a family member in Reading, Pennsylvania, has been misdiagnosed by a healthcare provider, you can pursue legal action.
Top Rated Reading Medical Malpractice Lawyers
Dealing with a misdiagnosis often brings both physical pain and mental pain. You put your trust in your medical provider, believing they’ll take care of you, and instead, they fail to deliver the care you need. At Munley Law, we understand that along with legal advice, you need a team that genuinely cares about your well-being. We have decades of experience with medical malpractice cases and are dedicated to seeking justice for individuals in Reading and across Pennsylvania. […]
