Who determines if a dividend will be issued and how much will be paid?
The NCMIC Board of Directors meets annually in the fourth quarter to determine if a dividend will be declared and what the overall amount will be. This decision is based on the ongoing financial stability of the company, return on investments and how well you, our policyholders, have managed risk in your professional practices. Though not guaranteed, this is the 15th consecutive year in which NCMIC has issued a premium dividend. The premium dividend is just one of the many reasons it pays to be an NCMIC policyholder.
