Ipinsuranceblog

Intellectual Property Insurance

How IP insurance responds to infringement claims, defence costs and rights disputes.

Coverage

What Is Covered

Defence Costs

Policies may pay legal fees when the insured is sued for infringing a third party's patent, trademark or copyright.

Enforcement

Some policies fund action against an infringer, which can be useful where the cost of pursuing a claim would otherwise be prohibitive.

Loss of Value

Certain wordings respond where an injunction forces a product off the market or a brand must be rebranded.

Rights Clearance

Cover can be arranged before launch to test whether a name, design or invention is free to use.

Policy

Reading the Wording

Insurance policy document with a pen resting on it

The insuring clause is only the starting point. Exclusions, deductibles and conditions often decide the outcome of a claim.

  • Check whether the territory matches where you trade.
  • Confirm the policy covers the specific jurisdictions you use.
  • Look for notification deadlines and consent requirements.
Questions

Common Questions

Some policies respond to unregistered rights such as copyright or passing off. Confirm this with the wording before relying on it.

Most policies exclude claims the insured knew about before the policy started. Disclose known risks at inception to avoid disputes later.

Context

Where It Fits

IP insurance sits alongside, not instead of, a clear IP strategy. Read our strategy article and the glossary before comparing policies.

Gallery

Practice Notes

Policy terms vary by insurer and by territory. Always read the full wording before you buy cover.