How can I afford the cost of going to Court if someone infringes my IP rights?
Just like your house and your business premises, your intellectual property rights (IPR) are valuable assets and need to be protected. The only is that if someone does infringe your rights, IP litigation can be very costly.
The good news is that it is possible to insure your IPR to cover the cost of suing for infringement.
You must have the right insurance in place before your patent is granted in case of any potential infringement. While we do not sell in insurance ourselves, we recommend you contact your usual insurance broker to obtain details of the best policies available for your needs.
In setting up insurance of this type, the insurance company will need full details of your patent position. We would be pleased to assist you in ensuring that the information provided is accurate and can advise if any such disclosures should be subject to a confidentiality agreement.
For more information or if you require any advice, we are happy to help. Please get in touch today.