Policyholder Services



9/2013 Policy & 5/2015 Update

2013 Policy Booklet

9/2013 Policy. Click on the policy booklet image to download a PDF copy of the policy.

1/2015 and 5/2015 Policy Update. OMIC has updated its 9/2013 professional and limited office premises liability policy effective January 1, 2015, via policy insert. Most significantly, OMIC has increased the limit on its broad regulatory protection and eMD™ cyber liability coverage from $50,000 to $100,000 for all claims/proceedings per policy period. OMIC has also revised its Terrorism Insurance Coverage Endorsement per federal law. Finally, OMIC slightly revised its Surgery Class 1 and Surgery Class 2 definitions. In May 2015 the Board of Directors liberalized its oculofacial procedure coverage and made a few other minor updates to the policy, as reflected in the revised insert.  Download a PDF copy of the update here: Policy Update 2015 Insert 1.1 changes and 5.2 changes

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Six reasons OMIC is the best choice for ophthalmologists in America.

Best at defending claims.

An ophthalmologist pays nearly half a million dollars in premiums over the course of a career. Premium paid is directly related to a carrier’s claims experience. OMIC has a higher win rate taking tough cases to trial, full consent to settle (no hammer) clause, and access to the best experts. OMIC pays 25% less per claim than other carriers. As a result, OMIC has consistently maintained lower base rates than multispecialty carriers in the U.S.

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