Policyholder Services



Do I have to pay my annual premium in full when I join?

No.  To help ease financial burdens, OMIC has set up a quarterly installment plan for premium payments. A modest service charge is assessed for this convenience. 

Unlike premium payments, premium taxes and Patient Compensation/Excess Liability Fund assessments, if applicable, must be paid in full at policy issuance.

For your convenience, OMIC has enabled online payment by Visa, MasterCard, American Express, or PayPal.

Please refer to OMIC's Copyright and Disclaimer regarding the contents on this website

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

#1. Consistent return of premium.

Publicly-traded insurance companies exist to make profits for shareholders while physician-owned carriers often return profits to their policyholders. Don’t underestimate this benefit; it can add up to tens of thousands of dollars over the course of your career. OMIC has one of the most generous dividend programs for ophthalmologists and has returned more than $20 Million to our members through dividends.

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