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
||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
||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
||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
||D.C.s licensed within 54 months of graduation who sign up for NCMIC's plan within 4 years of their original licensure date.
||D.C.s who complete NCMIC-approved risk management seminars. The discount will apply for 3 years.
||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.)
||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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