PLICO is owned by the Oklahoma State Medical Association for the benefit of Oklahoma physicians.
The PLICO Board consists primarily of physicians who understand the problems that you deal with in your practice and consider this when making decisions.
No! PLICO insures all medical specialties if the physician meets underwriting standards and we do not discriminate against high risk specialties as other companies do.
PLICO offers part-time policies as a service to those physicians who choose not to practice full time.
Yes! PLICO offers temporary substitute coverage (locum tenens coverage) as a service to our insureds who must be away from their practice.
Yes! PLICO developed a Preferred Physician Experience Discount Program which offers a premium discount of up to 20% for physicians who have been insured by PLICO for 4 or more years. We also have a Risk Management premium discount by which physicians may achieve "BRONZE" (2% discount), "SILVER" (4% discount) or "GOLD" (6% discount) status by accumulating points for participation in educational activities focused on risk reduction techniques and srategies. In order to achieve "GOLD" level the physician must attend a SorryWorks! seminar and complete additional activities totaling 30 points.
PLICO offers CME courses for its insureds on the PLICO website.
Physicians who are 50 and over, have been insured by PLICO for at least 5 consecutive years, and have retired completely from the practice of medicine, receive free “tail coverage”.