Punitive or exemplary damages definition

Punitive or exemplary damages means sums awarded by a court of competent jurisdiction against the named insured as a punishment or deterrent.

Punitive or exemplary damages means all damages that may be awarded, other than compensatory damages, to:

Punitive or exemplary damages means all damages that may be awarded, other than compensatory damages, to: 1. Punish or deter conduct; and/or 2. Fine, penalize or impose a statutory penalty due to conduct; because the conduct is malicious, grossly negligent, wanton, willful, fraudulent or unlawful. This includes, but is not limited to, any damages that have been defined by law as punitive damages or exemplary damages, and any additional costs, attorney fees, other fees or interest awarded because of such damages.

Examples of Punitive or exemplary damages in a sentence

• Punitive or exemplary damages will not be permitted under any circumstances.

• Punitive or exemplary damages shall not be permitted under any circumstances.

• Punitive or exemplary damages with our maximum liability arising from any one accident not exceeding $250,000.

• Punitive or exemplary damages These are damages that are awarded to punish you as well as compensate the other person if you did anything deliberately.

• Punitive or exemplary damages are understood as being established with the purpose of atoning for the deeds of the wrongdoer and preventing repetition of the wrongful act by the offender or emulation by third parties, without being limited to mere compensation for the pecuniary and non- pecuniary losses caused to the claimant, including loss of profit.

More Definitions of Punitive or exemplary damages

Punitive or exemplary damages means damages assessed to punish a person or to deter the person and others from committing willful acts, wanton acts, intentional acts, or conduct that one knows will create a substantial risk of significant harm to others.

Punitive or exemplary damages means damages which are awarded to punish or deter wrongful conduct, to set an example, to fine, penalize or impose a statutory penalty, and damages which are awarded for any purpose other than as compensatory damages for bodily injury or property damage.

Punitive or exemplary damages means any extra or additional sum of money that a court may award as a means of punishing a person for conduct that has been determined to be oppressive, fraudulent, malicious, and /or awarded for the sake of making an example of a person, or any conduct that results in such an award based on any state statute or ordinance.

Punitive or exemplary damages means awards that may be imposed to punish a wrongdoer of wanton, reckless, malicious, or oppressive actions, and such other damages that are intended to deter or discourage other similar conduct or behavior.

Punitive or exemplary damages means monies ordered to be paid as punitive or exemplary damages pursuant to a judgment of a New Zealand court in respect of a common law action brought by an Employee against the Insured in relation to Personal Injury.

Punitive or exemplary damages means all damages awarded to:

Punitive or exemplary damages means any extra or additional sum of money that a court may award as a means of punishing a person for conduct which has been determined to be willful, wanton, oppressive, fraudulent, malicious, and /or awarded for the sake of making an example of a person, or any conduct that results in such an award based on any state statute or ordinance.