Intellectual Property Insurance Scheme
(IP, Copyright, Idea Protection, Inventions, Designs, Discoveries, Patents and more)
In business your ideas could be your most valuable assets. Like any other assets, they
need to be looked after and exploited to their full potential if you are to reap the
rewards you deserve from your creativity and enterprise. As with any other valuable
property, your intellectual property – original ideas, scientific discoveries, inventions,
designs, written material, music, data, software or your unique performance as a performing
art are valuable and are vulnerable to be taken by others or inadvertently trespassed upon.
It is assumed that by registering an Intellectual Property right there is protection against
copying or exploiting by others. This is not so. It is advisable therefore to effect insurance
for intellectual property. It will also encourage others to invest in the project and will
attract funding from individuals, financial institutions and venture capitalists.
Camberford Law PLC now offers individuals, small, medium and multi-national companies
a new advanced insurance and advisory service for the protection of intellectual property rights.
Outline of the Insurances Available
Legal Expenses
The policy provides cover for legal expenses relating to own costs including fees and disbursements.
Cover
Insurers agree to pay the above legal expenses arising from a valid claim made by, brought or
commenced against the insured during the period of insurance and notified within the period
of insurance in respect of the following.
Patents
The pursuit of any claim or legal proceedings arising from infringement of a patent or defence
of any claim arising from allegation that the insured is infringing an Intellectual Property
right of a third party.
Copyright and Design
The pursuit or defence of any claim or legal proceedings arising from infringement of copyright
or design.
Mark
The pursuit of any claim or legal proceedings arising from infringement of the Mark by others
or defence arising from unwarranted allegations that the Insured infringed any existing
Intellectual Property Rights by use of the Mark.
Confidential Information
The pursuit or defence of any claim or legal proceedings arising from breach of confidential
information relating to Intellectual Property.
Passing Off
The pursuit or defence of any claim or legal proceedings which arise out of a claim or allegation
of passing off by or against the insured in relation to declared Intellectual Property Rights.
Unfair competition
The pursuit or defence of any claim or legal proceedings which arise out of a claim or allegation
of unfair competition by or against the insured in relation to a declared Mark.
Licence Protection
The pursuit or defence of any claim or legal proceedings arising out of any dispute with regard
to Intellectual Property Rights concerning a licensee or licenser of Intellectual Property Rights
owned by or licensed to the insured.
Cover Worldwide
We can tailor make your policy to provide cover to suit your territorial needs.
Meeting your requirements
You can choose from various levels of covers to meet your needs. In deciding, one of course
needs to take in to account the extent of risk which your Intellectual Property may be
vulnerable and the very high cost of litigation.
Proposal Forms
To obtain a fast, personalised, non-obligation quotation, please complete a
pdf form.
Claim Forms
We have a set of standardised
claim forms applicable to all schemes.
They can be found
here.