Korea Expands Tech Dispute Insurance for SMEs, Covering Up to 5 IP Rights

Korea expands SME Technology Dispute Litigation Insurance program, covering up to 5 IP rights including newly added trademark rights alongside existing patent and design rights. Government subsidizes 70-80% of premiums, with maximum coverage of 50 million won domestic/$72,000 overseas. New features include optional defense litigation coverage, patent trial cost support up to $7,200 for pre-litigation stages, and reduced premium burdens to help SMEs address technology theft and patent disputes.