Yes, a professional indemnity insurance policy can give protection against copyright infringement lawsuits. Professional liability insurance, which is also called, errors & omissions insurance policy, offers coverage against professional risks and related legal expenditures. The errors and omissions insurance has an IPR infringement clause which offers coverage in case there is a violation of intellectual […]
Articles Tagged: Professional Liability Insurance Policy
What is a “Claims Made and Reported” in Professional Liability Insurance Policy?
Most of the professional liability insurance policies offer coverage on the basis of ‘claims made and reported basis’, requiring claims to be made and reported during the applicable policy tenure only. Simple right? However, there are certain components which must be satisfied to ensure the coverage,which are as below:- Make sure the coverage is active […]
How Much does Errors and Omissions Insurance Costs?
If you are into the service industry, you might always run the risk of being sued by customers in case they incur losses due to your products or services. Errors and omission insurance policy, also called professional liability insurance, offers protection to companies and their subsidiaries for such claims which are brought against them by […]