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02-15-2006, 1:43 AM Scott Bracken Joined on 02-14-2006 Posts 4 Patent Insurance What is patent insurance exactly? Will it protect my invention if I don't receive a patent? Scott    Report

02-16-2006, 10:29 PM JensSorensen Joined on 01-25-2006 San Diego, CA Posts 27 Re: Patent Insurance I have not heard of anyone offering the type of patent insurance you mention. My understanding is that the term 'patent insurance' could refer to either - the insuring of a patent holder against infringement of their patent by others, or - the insuring of an entity (person, company etc.) against unintentional infringement of others patents. The coverage of the insurances may include some legal expenses for litigation and/or coverage of some damages rewarded As there are many lawfirms who will take an infingement case for a patent holder on contingency, I question the value of the first kind of insurance Also I am not sure what kind of due diligence is required by an entity insured by the second kind in order for the infringement to be 'unintentional'. Regarding the type of insurance you are seeking, if it exists, I am not sure how one would place a dollar value on your losses from not having received the patent. I recommend "insuring" yourself by carefully studying the prior art to your patent before filing. Jens Sorensen        Report

02-19-2006, 12:14 AM Danen Joined on 02-12-2006 Posts 9 Re: Patent Insurance They ought to have insurance like Scott suggested too. They could refund you the cost of filing for the patent if you didn't get it. I think all patent attorneys should guarantee you that anyway! Danen    Report

03-15-2006, 12:30 AM @last Joined on 03-14-2006 Posts 6 Re: Patent Insurance Do you get money back from doctor if you don't get well? Patent attorney or agent spend time and energy to do a job that you ask them to do, so why should you expect a refund. Just my 2 cents.    Report

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