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Buying patent insurance is like planning for retirement: It’s the smart thing to do. (Photo: iStock)

The importance of patent risk insurance is starting to really sink in. Brokers know that their clients need only scan the news for stories on the latest infringement cases to understand that buying patent insurance is a smart decision.

But for some, buying patent insurance is like planning for retirement: Yes, it’s the smart thing to do, but there’s no real sense of urgency.

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