Joseph Bruno & Associates is a globally recognized insurance law firm with a long record of excellence and professional leadership in Kuala Lumpur, Malaysia. Our insurance lawyers are prepared to handle all types of business matters. Our insurance lawyers also represent our clients in cases against medical malpractice law suits.

What is Insurance Law?

In order to understand insurance law, it is useful to understand insurance first. Insurance is a contract in which one party (the “insured”) pays money (called a premium) and the other party promises to reimburse the first for certain types of losses (illness, property damage, or death) if they occur.

Insurance law falls into three major categories. First, the insurance company will hire lawyers to represent the insured in case she is sued for something related to her insurance contract. These are known as “insurance defense attorneys.” For example, an automobile insurance company will hire an attorney to represent an insured driver when she gets sued for causing another driver’s injuries. The second category of insurance law helps insured people determine when an insurance company must pay a claim. Third, insurance companies typically hire attorneys to make sure the company complies with all applicable laws and regulations, which can vary by state.

There are many types of insurance. The government runs some kinds of insurance, like Social Security disability, worker’s compensation, and unemployment insurance. However, the term “insurance law” usually refers to the law surrounding private insurance. The most common types of private insurance are health insurance, automobile liability insurance, life insurance, and malpractice insurance.

Terms to Know

• Policy: The contract which outlines what the insurance company will pay in case of loss.
• Benefit: The money or services an insurance company provides in case of loss.
• Insured: The person who receives the insurance benefit. However, in the case of life insurance, the “insured” is the person whose life is insured, and the person who receives the benefit is called the “beneficiary.”
• Premium: The money the insured pays the insurance company.
• Claim: A request for benefits when loss occurs.
• Coverage: The types of losses which the insurance company will reimburse.
• Insurance Agent: A person who is licensed to sell insurance in a particular state.

Insurance defense attorneys

Since there are so many different types of insurance, and insurance touches so many aspects of life, most lawyers are familiar with some aspect of insurance law. Personal injury and medical malpractice attorneys routinely deal with medical insurance companies, similarly, auto accident attorneys routinely work with auto insurance companies. Real estate attorneys often recommend that their clients purchase real estate insurance, and are very familiar with homeowners’ insurance policies. Probate attorneys must frequently distribute life insurance proceeds and estate planners often recommend different types of life insurance arrangements.

Reach our Insurance Lawyers

Since its foundation in 1992, Joseph Bruno & Associates has been the choice of numerous clients in Kuala Lumpur, Malaysia. Thanks to its nationally recognized law practice, our firm is now one of the leading insurance law firms in Kuala Lumpur, Malaysia. You may reach our lawyers through our Contact page.