Patent Insurance
Patent Infringements
Patent infringement lawsuits can be costly and time-consuming, leading to substantial damages and legal fees. Patent insurance can cover legal costs, injuries, and other expenses associated with defending or enforcing a patent infringement lawsuit.
Patent insurance can be vital for small businesses and startups that may need more resources to handle the financial burden of a patent infringement lawsuit. It can also be valuable for businesses that rely heavily on their intellectual property.
Safeguarding cash flow
The expense of litigation can significantly lower a company’s worth. Patent owners frequently need more funds to take prompt action, which diminishes the value of their rights and the company because violators know they will get away with it.
Our insurance will cover the expense of the lawsuit, enabling you to respond quickly and forcefully without jeopardising your company’s financial stability.
Serving as a deterrent
Once a policy has been acquired, you can state in your marketing materials that insurance is in force.
This will deter possible copycats from using your patents.
Lenders and investors are reassured
Patent insurance gives lenders and investors peace of mind that resources are available to safeguard them. It also demonstrates careful preparation and awareness of the value of intellectual property to your company.