Trade Mark Protect is designed to assist small and medium enterprises by providing a sustainable and affordable option for trade mark applicants and owners to meet the costs of defending their trade mark against an opposition to registration or application for removal of their trade mark.
What does it cover?
There are two types of cover:
- Pre-registration – this is intended to provide cover during the opposition process only.
- Post-registration – this is intended to provide cover post registration and the insured is required to renew the policy every 12 months.
The insurance product has been designed to cover all types of trade marks accepted or registered in Australia.
The product is only available for use within Australia, but can be purchased and taken out by those filing from overseas into Australia.
Trade Mark Protect does not protect customers in enforcing their trade mark.
BMS Risk Solutions, in partnership with CFC Underwriting is the provider of Trade Mark Protect. An approved panel of intellectual property experts are available to help if you have a claim.
If you are a trade mark attorney you can also contact BMS for more information on how to become an approved provider.
Who is BMS?
BMS is global insurance broker with over 35 years industry experience.
AFSL 461594 | ABN 45 161 187 980
You can read more about BMS in their Financial Services Guide or at www.bmsgroup.com.
Who is CFC Underwriting?
CFC is the underwriter for the insurance policy. They provide claims support and the payment of claims.
We receive no benefit from Trade Mark Protect and receive no benefits with respect to the sale of any insurance policies by BMS Risk Solutions or CFC Underwriting.
While we recognises the value of Trade Mark Protect, we do not warrant or guarantee the suitability of Trade Mark Protect for your specific purposes or needs.
We do not and will not provide advice on the suitability of any insurance product for your particular circumstances.