Can Manufacturers Buy IP Insurance?

Manufacturers may need to defend a product against an infringement allegation or enforce a patent or design right of their own. The NAIC lists patent, trademark, and copyright infringement claims among IP insurance examples. That overview does not establish a manufacturer's eligibility or confirm protection for a particular product. Specialist applications request product details, rights, revenue, and territories so an insurer can assess the risk.

Describe product lines, components, private-label arrangements, suppliers, sales markets, and licenses. Ask how the policy treats redesigns, customer indemnity obligations, patent counterclaims, and foreign disputes. Compare dedicated IP terms with product liability and general liability, which address different claims. Check whether each product and right is scheduled, whether defense and enforcement are separate, and how limits, retention, and consent conditions work. Update the insurer when a material product or territory changes so that the application assumptions and schedule remain accurate.