Understanding Office Package Policy

OAMIC offers a comprehensive office package policy that provides property and general liability coverage specifically designed for law firms.

It is vitally important that buildings, computers, law libraries, artwork, valuable papers and records—even intangibles like loss of earnings caused by catastrophic events— are properly covered. After all, an insured’s loss of any of these items would cause economic hardship for the entire firm. Read below to learn more.


Policy Features

Business Income and Extra Expense

Actual loss sustained up to 12 months (no waiting period). Billable hours option up to $50,000.

Valuable Papers

$100,000 blanket limit included (can be increased). Flood and earthquake perils covered.

Ordinance or Law

$250,000 limit for increased cost of construction, demolition, loss of value to undamaged building.

Damage to Premises Rented to You

$1,000,000 limit. Perils include fire, water, smoke, lighting and explosion.

Interruption of Computer Operations

$100,000 aggregate limit included (can be increased).

Medical Payments

$10,000 limited included.

Accounts Receivable

$250,000 blanket limit included (can be increased). Flood and earthquake perils covered.

Contract Penalty Coverage

$25,000 limit.

Please apply via our online application: