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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Wilkes-Barre Pedestrian Accident Lawyer
If you or your loved one have been injured in a pedestrian accident in Wilkes-Barre, PA, you are entitled to financial compensation. The Wilkes-Barre pedestrian accident lawyers at Munley Law can help you claim your legal rights and recover what you are owed. Schedule a free consultation with a Munley Law pedestrian accident lawyer in Wilkes-Barre by phone, chat, or fill out a contact form.
Why You Need a Wilkes-Barre Pedestrian Accident Attorney
As the victim of personal injury from a pedestrian accident, it is essential to have a Wilkes-Barre pedestrian accident lawyer in your corner. They have the expertise and knowledge to work on your behalf, seeking your rights and securing the compensation you deserve.
Watch out for insurance companies – they might try to downplay your claim or not pay up at all. […]
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Wilkes-Barre Uber Accident Lawyer
If you or a loved one were injured in an Uber car accident, or if a family member was killed, contact an experienced Wilkes-Barre Uber accident lawyer at Munley Law Personal Injury Attorneys for a free, no-obligation consultation as soon as possible. We are ready to discuss the circumstances of the accident and help you understand your legal options.
How A Wilkes-Barre Uber Accident Attorney Can Help
Uber considers itself a technology company, not a transportation company, so it maintains only minimal insurance for its drivers. Typically, Uber provides only one million dollars of insurance coverage for its drivers. While this may seem like a lot of money, if you or a loved one have suffered severe injuries as a result of an Uber car accident, your costs for medical bills, rehabilitation, lost wages, and other expenses may be significantly more than this amount. […]
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What Can I Do to Protect My Rights After a Car Accident in Wilkes-Barre?
If you or a loved one are involved in a car accident in Wilkes-Barre, Pa., you need to understand what your rights are to protect yourself and any potential lawsuit you may have going forward. Your first step is to contact an experienced Wilkes-Barre car crash lawyer at Munley Law to start the claims process and to get your legal questions answered. Contact us today to schedule a free consultation.
How Do I Protect My Rights After a Car Accident in Wilkes-Barre, PA?
Following a car accident in Wilkes-Barre, you are likely stressed, emotional, and unsure what your next move should be–especially if you were not at fault. The Wilkes-Barre car accident lawyer of Munley Law Personal Injury Attorneys is here to help you protect your rights and process a car accident claim or personal injury lawsuit. […]
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Wilkes-Barre Nursing Home Abuse Lawyer
If you suspect that a loved one has suffered mistreatment in a Luzerne County assisted living or long-term care facility, a Wilkes-Barre nursing home abuse lawyer at Munley Law can help you hold the facility accountable. Our experienced nursing home neglect attorneys have fought on behalf of victims and their families for 65 years. We believe it is unacceptable for elders to suffer abuse and neglect simply because of their vulnerability.
If you know or suspect someone you love has been mistreated in their retirement facility, call or fill out our online form for a free consultation today. One of our personal injury lawyers will review your situation at no cost to you.
The Common Types of Nursing Home Abuse in Wilkes-Barre, PA
Nursing home abuse” is a blanket term that describes a range of harms. The first step to stopping abuse or neglect of assisted living facility residents is recognizing the signs and symptoms. […]
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Wilkes-Barre Birth Injury Lawyer
A Wilkes-Barre birth injury lawyer can help you seek justice if your child has suffered due to medical negligence. If a doctor acted negligently and caused your child to suffer a birth injury, you may be able to file a medical malpractice claim against them. By filing an insurance claim or civil suit, you may be able to collect compensation to pay for treatment, therapy, and even ongoing care costs. Our birth injury lawyer in Wilkes-Barre can review your case and help you understand your rights for compensation on behalf of your child.
Call Munley Law today or fill out an online form to schedule a free consultation.
When is a Birth Injury Considered Medical Malpractice in Wilkes-Barre?
Many people believe that if their child suffers an injury during birth, the doctor is automatically liable. […]
