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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Abington Lyft Accident Lawyer
Abington, Pennsylvania is a unique enclave known for its rich history, with landmarks dating back to the Revolutionary War era. Its community thrives in the beauty of Pennypack Creek and Robbins Park. In recent years, the convenience of rideshare services has woven its way into the fabric of Abington’s transport landscape. However, with the rise of this modern transportation method comes the heightened risk of accidents. For those unfortunate enough to experience a car accident, the repercussions are not just physical – the emotional scars can be long-lasting and deeply traumatic. In these trying moments, navigating the maze of liability and compensation alone can be overwhelming. This is where the expertise of the Munley rideshare accident lawyers in Abington becomes invaluable. Our experienced attorneys will guide you through the claims process and make sure you understand all your legal options. Call today for your free case evaluation so we can start the process of recovering the compensation you deserve. […]
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Easton Workers’ Compensation Lawyer
When you are injured at work, medical expenses can quickly add up. Workers’ compensation benefits are designed to help workers with financial support in the event of a workplace injury due to an accident or repetitive stress (such as back injuries or carpal tunnel) or work-related illnesses from poor, unsanitary, or unsafe working conditions.
Whether your injury occurred in Easton, Allentown, or elsewhere in the Lehigh Valley, finding an experienced Easton workers’ compensation lawyer can help. The team of dedicated attorneys at Munley Law’s Lehigh Valley law office will work tirelessly to ensure you receive maximum workplace injury benefits.
If your workers’ comp claim is denied, don’t panic. The experienced attorneys at Munley Law in Easton can help you appeal the decision and fight for the benefits you are entitled to. We have a strong track record of successfully handling denied claims and will use our expertise to advocate for you. […]
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Abington Rideshare Accident Lawyer
In Abington, PA, the rise of rideshare services like Lyft and Uber has simplified transit but also heightened rideshare-related 
accidents, sparking intricate legal battles. Navigating the legal steps after an Uber or Lyft accident involves both understanding the laws and grasping how rideshare platforms uniquely operate. With drivers wavering between being viewed as independent contractors and brand representatives, determining liability and securing compensation becomes complex. It’s not merely about knowing laws; it’s about strategic navigation through them. The Abington rideshare accident lawyers at Munley Law don’t just stand with you; we stand for you, ensuring your rights aren’t a mere expectation but a realized assurance, adeptly steering through the legal intricacies that rideshare traffic accidents entail.
Understanding Rideshare in Abington’s Bustling Environment
Abington, with its vibrant hustle and peaceful pockets, effortlessly marries the lively and serene, becoming a pivotal stage for the evolution of rideshare services like Lyft and Uber. […]
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Abington Car Accident Lawyer
Nestled just outside Philadelphia, Abington is a charming town with a vibrant community. However, like any place, it is not immune to the unfortunate occurrences of car accidents that can disrupt the lives of its residents. Abington, Pennsylvania is at particular risk where car accidents are concerned, given its status as a commuter town. Many Abington, PA residents commute in Philadelphia during the week, which can lead to heavy traffic and a high chance that a car accident may occur en route. When the unexpected happens, seeking the guidance and expertise of Abington’s car accident lawyers at Munley Law becomes essential.With their deep understanding of local traffic regulations and a commitment to serving their neighbors, the Abington car accident lawyers at Munley stand ready to assist Abington residents in their pursuit of justice and fair compensation. If you have sustained injuries in a car crash in Abington or the greater Philadelphia area, […]
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Wilkes-Barre Bicycle Accident Lawyer
When a bicycle is struck by a motor vehicle on a city street, the rider often sustains very serious injuries. After such a bike accident, they will need help getting compensation to pay for their injuries. If this has happened to you, a bicycle accident lawyer in Wilkes-Barre can make the legal process go as smoothly and stress-free as possible for the injured party.
By choosing to hire an experienced Wilkes-Barre bike crash attorneys are fully committed to holding negligent car and truck drivers accountable for the injuries they’ve caused. The Wilkes-Barre injury lawyers at Munley Law have won millions in settlements and verdicts for injury victims. Rest assured that your bicycle accident case is in good hands.
Do I Need a Wilkes-Barre Bicycle Accident Lawyer?
By hiring a Wilkes-Barre bike accident lawyer, you will have someone by your side who can explain what your legal options are and give you an estimation of how much your claim is worth. […]
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