Covers businesses against the legal costs and damages that can arise from an IP litigation action. The scope of cover varies but generally embraces: 1. Exploitation agreements in terms of the fees and expenses in enforcing the contractual terms inherent in agreement. Cover may include defence costs when the insured has unintentionally breached an agreement. 2. Defence fees and expenses incurred in defending a claim by a third party that the products or processes used or sold by the insured infringe IP rights. Cover may include the damages that the insured would pay if the defence is unsuccessful. 3. Invalidity/ownership professional fees and expenses in defending challenges to ownership, validity or title to IP where rights have already been granted. 4. Pursuit fees and expenses pursuing those who have infringed the insured’s IP rights.