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10.08 [1992 New] Damages-Penalty and Attorney's Fees-Vexatious Refusal to Pay by Insurance Company
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Description
Instruction No 1 10.08 [1992 New] Damages--Penalty and Attorney's Fees--Vexatious Refusal to Pay by Insurance Company If you find in favor of plaintiff on the claim on the insurance policy, and if you believe that defendant insurance company [refused to pay] [failed or refused to pay for a period of thirty days after demand] without reasonable cause or excuse, then, in addition , you to any amount you may award on the insurance policy under Instruction No. may award plaintiff an additional amount as a penalty not to exceed [twenty percent of the first $1,500.00 of the award on the policy not including interest and ten percent of the remainder of such award] and you may award plaintiff a reasonable sum for attorney's fees.





