What Is Trademark Infringement Insurance?
Trademark insurance may defend a claim or help enforce your mark, depending on the marks, products, and territories insured.
Trademark infringement insurance can address two different problems: defending your business when someone alleges infringement, and pursuing someone who infringes your mark. CFC describes both types of cover in its intellectual property product; the sections included in your quote determine which applies.
Defense and Enforcement Answer Different Questions
CFC lists defense, pursuit and contractual indemnity as distinct features. That is a company product description, rather than a promise that every trademark policy contains each feature.
Prepare a Trademark Quote Request
Give the broker a list of marks, registration status, products, trading territories, licensing agreements and any existing disputes. Ask which marks and activities will appear on the schedule. Check the limit, retention, treatment of legal costs and exclusions before relying on the quote.
Start with the intellectual property insurance guide for the wider coverage question. If the disputed material is creative content rather than a brand identifier, compare the copyright infringement question.
