Call us 01438 350222 email us: email@example.com
Intellectual Property (IP) cover protects your business from copyright, trademark or patent infringement claims that might arise as a result of your day to day business.
A new or existing competitor might steal your invention or copyrighted material and threaten your business as a result. The legal costs of defending your IP in such an instance can be extremely high. On the other hand you may be accused without warning of having infringed another business’s IP, whether accidentally or deliberately. The cost of defending such a claim can be crippling.
There are three elements to IP cover: defence, prosecution and ATE (after the event). An IP policy will normally only cover the elements you select; we can help you identify the most appropriate cover for you. This depends very much on the nature of your business and your current activities.
IP cover insures you against the legal costs involved in fighting or defending infringement claims. It will also cover the cost of damages in the event of an unsuccessful defence (up to a set limit).
By protecting yourself with IP cover you are removing the risk of a financially devastating legal bill to your company, often incurred through no fault or wrongdoing.
1 Apr 2016
Members of the public can join the fight against insurance fraud by reporting what they know to the Cheatline. Powered by Crimestoppers, the Cheatline is a free service that enables members of the public to anonymously report information or suspicions about insurance fraud. – Cheatline is on 0800 422 0421, or online at www.insurancefraudbureau.org/cheatline. – […]
22 Mar 2016
Spring is finally here and at this time of year there is lots of activity in gardens and allotments across the country. – Additionally, we may be buying new gardening tools and equipment and it is also traditionally a time when burglars target garden sheds, garages and outbuildings looking for power tools, bicycles and other […]
16 Feb 2016
Why you need engineering inspections Compliance with the law To avoid costly HSE fees for intervention Defence against claim or prosecution against your business or its directors personally Avoid equipment downtime Gain efficiency, longevity of plant use and reduce your environmental impact Use this link to identify the types of plant that you […]