Policyholder Services

What is a retroactive date?

The retroactive date is the date on or after which incidents must first occur to be covered by the policy (subject to the terms and conditions of your policy).

Is the retroactive date the date I join OMIC?

Not always. If your policy includes prior acts coverage, the retroactive date will be the date you joined your prior carrier (or the date of your prior acts coverage with that carrier). If you were previously insured under an occurrence policy, purchased “tail” coverage from your previous carrier, or are new to practice, you  may not need prior acts coverage. In that case, your retroactive date will be the date you join OMIC.