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What is Intellectual Property Insurance?
Intellectual property insurance helps defend or protect against copyright, trademark, trade secrets or patent infringements. Of the two types of intellectual property coverage, the most popular form is defense coverage, which helps with defense costs and resulting settlements or judgments in the event of an infringement suit. The second type of intellectual property coverage is sometimes called enforcement or pursuit coverage which assists with the costs associated in the pursuit of infringement suits against businesses or individuals infringing upon your copyrights, trademarks or patents. An expert from Eichberg Associates can help you tailor coverage to your specific needs.
What damages does the policy protect me from?
Court and judgment costs
Attorney fees and other defense expenses
Who needs Intellectual Property Insurance?
You need Intellectual Property Insurance in the event you are sued by a competitor for infringement upon their intellectual property rights, and if your company holds any intellectual property such as patents, copyrights, or trademarks. Some of the businesses that could benefit from this type of insurance are:
E-Commerce / Internet Business
ASP (Application Service Provider)
Data Processing Services/Programming
Hardware OEM Manufacturer
Software Developers/ Publishers
Systems Maintenance/ Installation
Our Insurance Solution Partners
21021 Ventura Blvd. Suite 210
Woodland Hills, CA 91364
Phone: +1 818 380 1700
License No: 0332590
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