Multimillion-dollar court awards provide clear warning that an intellectual property lawsuit can decimate a company’s bottom line. As a consequence, it is no surprise that shrewd ownership of intellectual property, and proper respect for the intellectual property of others, have emerged as critical issues in today's fast-paced business environment.

Help is on the way with HDFC ERGO General Insurance's IPR, extension to the INT E&O policy. IPR protects companies against the costs associated with lawsuits that allege the following:

• Copyright and trademark infringement
• Libel
• Slander
• Product disparagement
• Violation of the rights of privacy and publicity (such as the commercial misappropriation of a famous person's name or likeness), whether or not in advertisements.

Consider the following scenarios:
With every new product sold, a manufacturer of Internet routers includes a CD that explains assembly details and how to use the product. In an effort to keep the attention of the user during the setup process, the manufacturer embeds music clips in the instructional CD. Learning of the unauthorized use of this music, the copyright owner sues for unrealized profits.

A company exercised diligent measure to identify trademarks similar to its new logo. However, the owner of a long-established but unregistered trademark successfully sues under common law claiming infringement upon his logo.

A developer of consumer software applications sells financial and personal information about customers collected from its Internet site. Those customers bring a class action suit seeking damages and injunctive relief to prevent any further disclosure of this information.

A systems integration firm issues a press release accusing a competitor of plagiarizing its copyrighted training manual. The competitor counter claims alleging libel by the firm.

We can insure domestic and foreign exposures under our policy, including protection against any differences in conditions and/or limits contained in policies issued in a foreign country.

At HDFC ERGO General Insurance, we deliver more than just insurance products. We support our customers through our renowned services, financial strength and extensive global network of associate offices. Our loss control professionals are experienced in making risk assessments and proposing practical remediation to help mitigate or prevent losses.

Our claim service is legendary in the industry. Should a loss occur, our exceptional claim service is available anytime/anywhere through a toll-free number 1800-2-700-700 or write to us at care@hdfcergo.com And with the global network of claim adjusters, we can respond to a claim anywhere in the world. Reputed brand name, combined with professional underwriting expertise and exemplary claim service, means you can count on HDFC ERGO General Insurance to be there when you need us the most.