WHAT DO THE TRADE MARK POLICIES COVER?

A Trade Mark can add real value to a business but the more successful it becomes the higher the risk of a competitor riding on its coat tails. Trade Mark infringement is as old as the hills, but it can cause real damage to the value of a brand and is hugely expensive to stop.

Trade Mark insurance provides an affordable commercial solution to what can be a devastating business risk. Our trade mark insurance policies cover:

1. The significant legal costs of enforcing your rights against third parties who may have copied them;
2. The significant legal costs of defending a claim that you have infringed a competitor’s trade mark;
3. Any exposures arising under warranties or indemnities given to customers, licensees, or agents;

TRADE MARK INSURANCE BENEFITS

1. Protecting cash flow

The cost of litigation can have a devastating impact on the value of a company. Trade Mark owners often cannot afford to take decisive action which reduces the value of their rights and the business itself as infringers know they will get away scot free.

Our policies will meet the cost of the litigation allowing you to take swift and decisive action without affecting the financial position of your company.

2. Providing a deterrent

Once you have purchased a policy you can confirm in your marketing literature that insurance is in place. This will make potential infringers think twice about copying your work.

3. Reassures lenders and investors

If you have taken the time to protect your innovation by obtaining a Trade Mark, having Trade Mark insurance in place gives lenders and investors comfort that resources are available to maintain the value of the right if it is infringed. It also shows prudent planning and an understanding of the importance of intellectual property to your business.

Financial exposures under IP agreements.

If your business needs protection against potential liabilities arising under IP indemnities, the right kind of intellectual property insurance policy is essential. You may be required to hold licensees, manufacturers and other parties harmless against the cost of IP litigation. You may even be contractually obliged to hold IP insurance. In these circumstances, we will find the right policy to suit your needs.

WHAT DO THE POLICIES COST?

Policies start from £100 per month (plus 12% IPT) for UK protection but the premium will depend on the scope of rights being protected. Quotes are free of charge, and we can assist in completing the application form which should take no longer than 20 minutes. We can have a quote for you within 5 working days.

Call us now on 0203 036 0551 for further information before it is too late. Once you have knowledge of a claim, insurance will no longer be available.

Providing Funds to fight litigation.

If you require funds to fight IP litigation then intellectual property insurance is essential. This applies to whether you are enforcing your rights or defending allegations of IP infringement made by 3rd parties.

Financial exposures under IP agreements.

Protecting IP value.

If your business’ value is made up of intangible assets you may want to consider using IP as collateral for loans. Using your intellectual property as collateral is a financing opportunity to consider as an alternative source of capital. Having an IP insurance policy in place will help you achieve the best possible terms from the lender.

Once you have completed our application form we will work with our insurance partners to put together the most suitable package for your business. Whether you are concerned about the possibility of IP litigation in the future or are contractually obliged to have IP insurance in place we will find the right solution for you.