Does NCMIC offer premium discounts?

Yes. NCMIC offers discounts to D.C.s who are newly licensed, maintain a claims-free status, attend NCMIC risk management seminars, and more. See the chart below for details. Call our Client Service Representatives at 800-769-2000, ext. 3555 to see which discounts you are eligible for.

1st Year License 75% D.C.s licensed for the first time within 18 months of graduation who sign up for NCMIC's plan within 1 year of their original licensure date.
2nd Year License 40% D.C.s licensed within 30 months of graduation who sign up for NCMIC's plan within 2 years of their original licensure date.
3rd Year License 25% D.C.s licensed within 42 months of graduation who sign up for NCMIC's plan within 3 years of their original licensure date.
4th Year License 15% D.C.s licensed within 54 months of graduation who sign up for NCMIC's plan within 4 years of their original licensure date.
Risk Management 5% D.C.s who complete NCMIC-approved risk management seminars. The discount will apply for 3 years.
Claims-free 3%-20% D.C.s covered by NCMIC for at least 3 consecutive years who have not had a claim filed against them. (Also available to D.C.s who have been claims free with another carrier.)
Part-Time Discount Call for details.

Note: Policyholder discounts may be different in NY and NJ; please call for details.

*With the NCMIC policy, full-time D.C.s get a yearly 5% Risk Management discount for three consecutive policy years for attending a qualified seminar. Seminar discounts earned up to 30 days after the policy renewal date will apply immediately; those earned 30+ days after the renewal date will apply at the next policy renewal date. Part-time D.C.s are eligible to receive half this discount.

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The NCMIC Malpractice Insurance Plan is underwritten by NCMIC Insurance Company. In the states of Florida and New York, the NCMIC Malpractice Insurance Plan is issued by NCMIC Risk Retention Group, Inc.

The terms and conditions of NCMIC's Malpractice Insurance Plan are fully explained in the policy. Policy features vary by state and may be subject to underwriting approval. For details, view this pdf.