Insurance And Intellectual Property Litigation

Some insurance policies can be used to defend against a lawsuit for intellectual property infringement.  For example, an option for a CGL policy (Comprehensive General Liability Policy) that most businesses carry is advertising injury defense and indemnity.  If there is a possibility of being sued for intellectual property infringement, make sure your broker includes advertising injury coverage.  Better yet, have the advertising injury coverage reviewed by an attorney before buying the policy.  Different insurance companies provide different coverage.  Some policies will provide protection with regard to copyright and trademark infringement.  Only rarely do the policies provide protection against patent infringement.