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07-13-2010, 07:31 PM
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| CrackBerry Newbie | | Join Date: Jul 2010 Posts: 2 Likes Received: 0
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Handango Insurance Required for selling app
i would like to market my app through handango but i'm confused about this clause in the agreement...
Software Owner shall, at all times during the term of this Agreement, maintain insurance coverage sufficient (as determined by Publisher in its sole discretion) to defend Publisher and/or its Sub-Licensees against any and all suits, claims, losses, damages and/or judgements
arising from any claim that the Software infringes any patent, copyright, trade secret or other proprietary right of any third party. Upon Publisher's request, Software Owner shall immediately provide Publisher with an insurance certificate evidencing that such insurance coverage is in force and naming Publisher and/or its Sub-Licensee(s) as additional insured(s) thereunder
does anyone know the best way to take care of this? is there a broker that is usually used? what would be the cost?
handango's response to my email:
"We do not have set costs. You need to ensure you have insurance which covers errors/omissions and IP coverage. You would need to go to a broker to determine what the insurance would cost you."
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