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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Mehoopany Personal Injury Lawyer
Mehoopany Personal Injury Attorney: Munley Law Advocates for Your Rights
Accidents can profoundly impact one’s life, leading to personal injuries that demand legal attention. The role of the Mehoopany personal injury lawyer is pivotal. Munley Law takes charge of every step, from thorough investigations and evidence gathering to challenging negotiations with insurance companies. Well-versed in local laws, they efficiently cut through legal complexities, ensuring clients are on a path to a fair and just settlement. Munley Law becomes the ally, advocate, and defense against the overwhelming world of personal injury law.
What is Personal Injury Law?
Personal injury law is a legal term that allows victims who have been harmed due to negligence or intentional actions to file a lawsuit. From vehicular accidents to medical malpractice, this wide-ranging field aims to restore the injured party to their pre-incident condition through monetary compensation, […]
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Nanticoke Personal Injury Lawyer
Nanticoke, Pennsylvania, is a town built upon its rich tapestry of history and strong sense of community. However, accidents do happen even within such close-knit environments, leading to personal injuries that disrupt lives and cause significant distress. At such moments it becomes essential that Nanticoke residents understand the role that personal injury law in Nanticoke plays – whether an accident occurs on one of the busy streets near Luzerne County Community College or one of Nanticoke’s tranquil hiking trails having appropriate legal representation can help navigate their aftermath effectively.
If you have been injured due to someone else’s negligence in Nanticoke, you need an advocate who understands your struggles and will fight on your behalf for just compensation. The experienced Nanticoke personal injury lawyers at Munley Law will help in getting compensation awarded quickly so you can heal quickly and move on with life. Reach out now for a complimentary consultation, […]
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Pittsburgh Personal Injury Lawyers
A serious accident can upend your entire life. You shouldn’t have to navigate this experience alone. A Pittsburgh personal injury lawyer can help you and your family get the justice and the compensation you need.
We are plaintiffs’ lawyers who exclusively handle serious personal injury cases. When it matters most, you need a personal injury firm you can trust. No injury firm in Pittsburgh is more qualified to protect your rights. Call today for a free consultation.
Types of Pittsburgh Personal Injury Case We Handle
Every injury matter is unique. Speaking with a seasoned personal injury attorney will help accident victims start the process toward receiving the compensation you are legally entitled to for your injuries. We will assess your circumstances, respond to any inquiries you might have, and assist you in deciding what further to do. […]
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Kingston Personal Injury Lawyer
Injured in an Accident in Kingston? Call Munley Law Personal Injury Attorneys Today.
If you or a loved one have been injured in an accident in Kingston PA, you likely have many questions on your mind. How soon can I get back to work? How can I afford these medical bills? Can I hold the person who caused the accident responsible?
If you were hurt in an accident caused by someone else’s negligence, a Kingston, PA personal injury lawyer from Munley law can guide you through the process.
Our staff includes lawyers, paralegals and other professionals who are specially trained to assist in the investigation, development, negotiation, and trials of personal injury cases throughout Pennsylvania. Our Kingston personal injury lawyers have won millions of dollars in settlements and trial verdicts, including numerous multimillion-dollar cases. We are named by the U.S. […]
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Honesdale Personal Injury Lawyer
When an individual is injured due to someone else’s negligence, seeking the assistance of a Honesdale personal injury lawyer is a smart move. Personal injury lawyers specialize in helping injured individuals get compensation for medical expenses, lost wages, and pain and suffering. With their in-depth knowledge of the legal system, they work hard to ensure their clients receive fair treatment and just financial compensation.
Types of Cases We Handle in Honesdale
At Munley Law Personal Injury Lawyers, our Honesdale legal team handles a variety of cases to help people who someone else’s carelessness has wronged. From car accidents and slip-and-fall injuries to workplace mishaps and medical malpractice, the expert team at our law firm ensures that those who have been hurt get the justice and compensation they deserve.
The types of practice areas we commonly handle are:
Truck Accidents
Trucking accidents can be catastrophic due to the size and weight of these large vehicles. […]
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