What is the difference between double insurance and over insurance?

Double Insurance exists where the same person is insured by several insurers separately in respect to the same subject and interest. (Section 95, Insurance Code)

Over Insurance exists when the insured takes out an insurance over the property insured in an amount which is in excess of the value of his insurance interest.

SUPREME COURT DECIDES: THE EXTENT OF PROTECTION GRANTED TO PATENT HOLDERS IS LIMITED TO THE CLAIMS OF THEIR PATENT

The importance of patents as a tool for national development and economic advancement cannot be overemphasized. They ensure the flow of knowledge and information by encouraging inventors to disclose their discoveries to the public. In exchange, inventors are given market exclusivity or the right to exclude others from making, using, offering for sale, selling, or importing a patented product or product obtained from a patented process. However, like any other intellectual property right, the exercise of this right is not without limitations. The extent of protection granted to patent holders is limited to the claims of their patent.

Why choose ALBURO LAW?

Alburo Alburo & Associates Law Offices:

• Have labor law and business law as our main fields of practice. For almost a decade now, we have been helping businesses improve their productivity and profitability by helping them comply with relevant laws, rules, and regulations.

• Observe high standards of excellence.

• Always consider innovative approaches to effectively address the legal concerns of our clients, covering a wide range of industries such as food, manufacturing, chemicals, real estate, retail and wholesale trade, and services in fields such as information technology, human resources, security, training, process outsourcing and other manpower services, among many others.

Contact us: 09778050020 | 09778050015 | (02) 7745-4391

Email us: [email protected] | [email protected]

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