This is an alternative to consider if you've filed for a patent but don't have the financial means to defend yourself should someone infringe on your idea. Patent infringement abatement insurance pays for outside legal expenses incurred in enforcing your patent against infringers, and also pays for the cost of fighting others' attempts to invalidate your patent. The policy must be in place prior to litigation or knowledge of the legal controversy. To get a referral for an insurance provider, talk to your business insurance agent.
This article was originally published in the February 1999 print edition of Entrepreneur with the headline: The Best Defense.
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