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Insurance Choice, Corporate Member of Australia and New Zealand Institute of Insurance & Finance
Corporate member of Internet Industry Association
INTELLECTUAL PROPERTY RIGHTS INSURANCE
What is it?
Intellectual property, like any other asset, needs protection. The risk to intellectual property is not damage or loss but infringement.

Insurance Choice recognises the need for specialists who understand the complexities and issues involved in insuring intellectual property rights. We are actively involved in the placement of and innovation to intellectual property rights insurance through underwriters in the London insurance market.

Our partner specialists work closely with patent and trademark attorneys, intellectual property lawyers and various bodies representing the interests of intellectual property holders. Our expertise enables us to arrange insurance policies that provide a powerful deterrent to potential infringers.

The 1995 Trade Marks Act recognises that Intellectual Property holders have rights and IP Sure provides a means to utilise the myriad of legal options available to uphold their rights.

We believe that the financial credibility of Registered Intellectual Property holders can be strengthened in the eyes of investors. And, investors can be more likely to support commercial development when they know steps have been taken to protect their investment.
The cover
Intellectual Property Rights Insurance indemnifies you for legal expenses arising from any of the coverages set out below:
  • Enforcing and protecting your intellectual property rights.
  • Defending your position against your alleged infringement of another person’s intellectual property rights.
  • Enforcing and protecting your licence and other similar agreements.
  • Damages cover.
Special features
In addition to providing financial credibility to investors and financiers, the policy offers the following benefits:
  • Deterrent effect
  • Financial forecasting
  • Security for costs
Claims Management
IP Sure allows the insured to appoint their own solicitor to manage a claim.
Limit
Cover can be arranged for limits of insurance from $100,000 up to $40,000,000 depending on the nature of the transaction and insurer’s capacity.
Excess
There is typically a policy excess or co-insurance requirement.
Limitations
There are standard policy exceptions. However these are kept to the minimum.

Insurance Choice Pty Ltd Corporate Authorised Representative No: 269649. Licensee: Mackellar Insurance Brokers Pty Ltd AFSL No: 243531
Suite 9, 67 Wanganella Street Balgowlah, NSW 2093. Post Office Box 216 PH: 13 007 999 50 FAX: (02) 9948 4681