Defending What Is Yours

In an increasingly competitive industry intellectual property insurance might provide a much-needed insulator.

May 01, 2003

In an increasingly competitive industry - one in which the smallest displays of individuality and innovation can mean immeasurable market differentiation between you and your competitors - intellectual property insurance might provide a much-needed insulator.

Venture Intellectual Properties in West Chester, Pa., defines intellectual property as declared products and processes, patents, registered designs, registered trademarks and service marks, and registered copyrights. The company's VIP Defender intellectual property insurance provides indemnification for damages and legal expertise and expenses in case of an infringement suit, says Dave Callaghan, manager of VIP's preferred club program.

Callaghan stresses that clients must take legal steps to establish their workmanship as intellectual property in the eyes of the law before they can be insured.

The minimum premium is $50,000 annually, which ensures $2 million in coverage. Visit www.venture-ip.com or call 800/282-6247 to learn more.

Comments on: "Defending What Is Yours"

March 2014

This Month in Custom Builder

Natural Beauties

Beyond the Business Card

Mark Richardson: Chess Moves

DIGITAL EDITION
Products

Armstrong offers these crushed limestone-composite tiles as an alternative to natural stone and ceramic tile.

Features

Today’s great business leaders are masters of thinking several moves ahead.