Intellectual Property Insurance
Offered by Intellectual Property Insurance Services Corp.
IP Insurance Patents Patent Infringement IP Defense IP Indemnification Intellectual PropertyDescription
-IP Defense Insurance: Defense insurance reimburses the litigation expenses to defend against charges of infringing another's IP rights by the products or services that they are selling, and may cover potential damages.
-IP Abatement Insurance: Abatement insurance is a unique plaintiff's policy, which reimburses the litigation expenses to enforce IP against alleged infringers.
-Unauthorized Disclosure Insurance: Unauthorized Disclosure insurance reimburses the litigation expenses to defend against charges of the unauthorized or unintentional disclosure of a third party's entrusted confidential information.
-Multi-Peril Insurance: Multi-Peril is first-party coverage for decreased value in the insured's assets resulting from losing IP litigation, and reimburses money directly to the policy holder beyond the legal costs of the underlying case. In the event of IP litigation, the protection afforded by our products, coupled with our 20 years of experience fighting for our policyholders, often saves the policyholder real dollars in excess of the amounts paid in premium.
This insurance is valuable to any company that has rights in patents, trademarks copyright and/or tradesecrets; and, any company who makes, uses, sells, offers for sale or imports a product in commerce.
Details
$10M Maximum Premium
$100K Minimum Premium
Carrier Information
Lloyd's of London and AmTrust International Underwriter's Ltd.
Non-Admitted
Rating A
Rating By A.M. Best
Listing Contact
Bill Ritter
Offered By
Downloadable Files
Availability 50 states + DC
Covered
Not Covered
