As of May 14, 2025, BF&M Limited changed its name to Allshores Limited. On July 1, several Bermuda-based companies within the Allshores Group amalgamated under new names. If you’re a policyholder, investor, pension member, or client, the name of your provider may change. Learn more
 

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What type of damage are my business vessels covered for?

With our Commercial Marine Insurance, your vessels are covered for losses such as accidental grounding, fire, theft and sinking. Though, there are standard deductibles for damages caused by weather, sinking, and going aground - and these are higher during ‘named storms’.

As well, the coverage includes inspecting the bottom of the vessel after stranding and salvages costs after sinking.

More Marine & Transit FAQs

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