Policyholder Services

If I have to pay for a “tail”, how much will it cost?

It will depend upon the length of time you’ve been insured, your retroactive date, and your coverage history. On average, the tail cost will be approximately 185% of the base annual premium in effect at the time of termination but may be more or less depending upon factors such as your claims made step and coverage history. We recommend that you also investigate the cost of buying prior acts coverage from your new carrier.

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

Largest insurer in the U.S.

OMIC is the largest insurer of ophthalmologists in the United States and we've been the only physician-owned carrier to continuously offer coverage in all states since 1987. Our fully portable policy can be taken with you wherever you practice. Should you move to a new state or territory, you're covered without the cost or headache of applying for new coverage.