What Is IP Infringement Defense Insurance?
Some IP policies cover legal defense costs, subject to counsel approval, covered expenses, and limits.
Some IP policies help pay to defend against an infringement claim, but the form determines which legal expenses qualify. The insurer may require approved counsel and those expenses may reduce the limit available for other payments.
Ask who selects counsel, whether experts and appeals are covered, what retention applies, and whether enforcement is included or separate. Review the full form and endorsements.
