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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Bethlehem Workers’ Compensation Lawyer
Dealing with a workplace injury can be challenging. Still, a Bethlehem workers’ compensation lawyer can help you secure the necessary benefits. From covering medical expenses to recovering lost wages, having a skilled lawyer can provide the support and guidance you need to get through this challenging time.
What is Workers’ Compensation?
Workers’ compensation insurance provides financial support and medical care to employees who are injured or ill due to their jobs.
If you get hurt at work, workers’ comp benefits can help cover your medical bills and part of your wage loss while you recover. It’s designed to protect workers and employers by ensuring injured employees get the help they need without going through a lengthy lawsuit. This system helps you focus on getting better without worrying about the financial burden of an injury.
What Benefits Are Available in a Workers Comp Claim? […]
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What is the Average Settlement for a Lyft Accident?
While there isn’t a specific average Lyft accident settlement amount, settlements typically depend on various factors like the severity of injuries, medical expenses, lost wages, and pain and suffering. Understanding potential settlement amounts is crucial for accident victims because it allows them to understand what they could expect to receive to help recover from their losses. Settlements can help pay medical bills, compensate for time missed from work, and support ongoing care or rehabilitation.
It’s important to note that each accident case is unique, and settlement amounts can vary widely. Seeking legal advice from an experienced Lyft accident attorney can help victims understand their rights and pursue fair compensation.
How Much Is My Lyft Accident Worth?
Determining the value of a Lyft car accident settlement isn’t always straightforward. It depends on various factors, including the extent of your injuries, […]
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What to Do After a Bike Accident in Reading
If you are involved in a bike accident in Reading, contact a Reading bicycle accident attorney who can provide free consultation on a potential claim and help you get reasonable compensation as quickly as possible. It is important to know the appropriate steps to maintain personal safety and preserve one’s rights in court.
What Should You Do Following a Bicycle Accident?
To avoid further injury, Try to get to a safe location. Ensure you are alright, and seek medical care and immediate medical attention for everyone involved.
If someone is injured or has substantial property damage, quickly inform the police. Obtain a duplicate of the police report.
Share your contact and insurance information with the other parties involved, including drivers, passengers, and witnesses. Make a point of noting the vehicle’s color and license plate number. […]
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Can You Sue Lyft After a Car Accident in Reading?
If you have been involved in an accident with a Lyft driver, you should immediately contact a Reading Lyft accident lawyer.
While rideshare is extremely convenient for passengers and a great way to make primary or extra income for drivers, a Lyft driver has no special training or certificates. Ridesharing has added more vehicles to the road, which statistically means more accidents, injuries, and deaths involving drivers and passengers.
A Lyft car accident can be more complex than a regular car accident as it involves multiple parties, contractual agreements between Lyft and its drivers, rideshare laws, and negotiation with Lyft and its insurer.
Due to these complexities, seeking legal advice from an experienced personal injury attorney at Munley Law who understands the unique aspects of Lyft accidents is important. A knowledgeable attorney can help you file your personal injury lawsuit and pursue the compensation you deserve. […]
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Who Can Sue for a Wrongful Death in Reading, PA?
In a wrongful death case, certain family members have the right to file a lawsuit. Usually, it’s the deceased’s spouse, children, or parents. If there are no surviving spouses, children, or parents, the right may transfer to other specified beneficiaries, like siblings or grandparents. Sometimes, a person appointed to handle the deceased’s estate can also file the lawsuit on behalf of the family.
In Reading, Pennsylvania, wrongful death happens when someone passes away because of someone else’s carelessness or harmful actions. Let’s say, for example, that a person dies in a car accident caused by another driver’s negligence; their family might be able to file a wrongful death lawsuit to seek compensation for things like medical bills and funeral costs.
What is Wrongful Death in Reading?
Under 42 Pa.C.S.A. Section 8301 of the Pennsylvania Code:
An action may be brought, […]
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