INTELLECTUAL

PROPERTY

INSURANCE                   

 

                  

WHAT IS INTELLECTUAL PROPERTY

 

Information and knowledge-based economies thrive on innovation and productivity to stimulate economic growth. One way these organizations protect themselves is through securing their intellectual assets as intellectual property.

 

Intellectual Property includes intangible creations such as trademarks, trade secrets, patents, and copyright.  

 

Ai Legal Expense offers Intellectual Property (IP) Insurance that helps protect companies in the event that they are faced with intellectual property infringement. This coverage includes: 

  • Infringement Liability
  • Litigation Funding 
  • Transfer of Intellectual Property rights
  • Financial Loss 
  • Loss of Trade Secret Information 

Other Add-Ons to this coverage include:

  • Contractual Liability
  • Reputational Harm
  • Contractual Disputes
  • Cyber Attack 

These coverages assist the organization in the event that the organization is faced with an infringement lawsuit it covers legal defence costs and liability. 

 

Intellectual Property Infringement lawsuits costs continue to increase and the effect it has on companies is immense. 

 

Legal Cases involving infringement of any kind have the potential to cause reputational harm and great financial loss on sales of goods or services, excluding the expected litigation fees. 

 

Who needs Intellectual Property Insurance?

 

If you are an organization that creates, utilizes, or sells products or services through unique business strategies you need IP Insurance. 

 

Operating within a knowledge-based economy, any organization is at risk for intellectual property infringement. 

 

With Ai Intellectual Property Insurance your organization will be covered from any risks arising from Intellectual Property Infringement. 

 

Contact us to speak with an Intellectual Property Insurance Expert!

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