What is Reproduction of Software and Other Prerecorded Compact Disc, Tape, and Records Insurance?
Reproduction of software and other prerecorded compact discs, tapes, and records insurance protects your business from potential financial losses in the event that original copies of software, CDs, tapes, or records are damaged, lost, or stolen. This type of insurance can also help protect you from litigation costs if you are sued for copyright infringement.
There are a number of benefits to having reproduction of software and other prerecorded compact discs, tapes, and records insurance. Some of these benefits include the following:
- Protection from financial losses
- Protection from litigation costs
- Peace of mind
The cost of reproduction of software and other prerecorded compact discs, tapes, and records insurance varies depending on the insurance company you choose and the coverage you select. However, it is typically a relatively low-cost policy.
Why is reproduction of software and other prerecorded compact discs, tapes, and records insurance needed? Because businesses today rely so heavily on technology, a loss of software, CDs, tapes, or records can be devastating. Having insurance in place can help protect your business from these potential losses.