What is Intellectual Property Insurance?
Intellectual Property Insurance covers your business for the legal cost of pursuing infringement or theft of your IP. It also pays to defend you against allegations of infringement.
The main categories of cover are:
- copyright
- passing off
- licence protection
What can Intellectual Property Insurance do for me?
Lawyers are expensive, especially the best.
If a competitor steals your business model, designs, applications or ideas, do you have immediate access to the funds necessary to take the best advice and immediate action against them?
What if a licensee strays beyond the limits of their licence, or if a new competitor makes a legal challenge against what you thought was yours?
If these threats exist, then you need to look at intellectual property insurance.
Intellectual Property Insurance costs less than you think.
It is designed to help you manage the cost of defending your IP or your business, whichever sector or international territory you do business in.
How do I find out more?
Our approach to IP insurance makes it is easy to understand and flexible.
Our Welcome Pack provides plenty of background information.
The application procedure is relatively simple. You only buy want you want and need and are not tied in.
We can cover businesses of all sizes and in every territory in the world - including China and the US.
Premiums can be paid monthly by direct debit.
These notes are intended as a guide only. They are not intended as a substitute to the insurance policy, which contains the full policy definitions, terms, conditions and exclusions. The information provided is only intended to be a general guide to various aspects of intellectual property law and insurance. It is not intended to be, and does not constitute, specific insurance or legal advice or opinion and should not be regarded as such. For a copy of the policy or specific advice, please contact us.