|BF&M's Health Insurance Plans provide unique health coverage and a wide variety of options to give employees freedom of choice while controlling costs. Companies can also work with BF&M to develop an employee-based wellness program tailored to your needs. For more information, call 441-295-5566|
|BF&M's Individual Health Plan, SmartCare, provides health coverage and a wide variety of options. For more information, please call 441-295-5566|
|Information about electronic reimbursement for your Health Insurance Claims|
Home & Motor
|BF&M is Bermuda's leading home insurer. BF&M's Home Insurance can make sure you are protected - from building and contents to mortgage protection that provides benefits in case of disability or death. Still renting? BF&M offers contents-only cover that includes everything from possessions to tenant liability. If you own a house but rent it, the policy will cover the loss of rent after an insured loss. To learn more call 441-295-5566|
|Motor Insurance (Cars & Bikes)|
|We insure cars, bikes and any other form of road transportation that you may own. Our policies range from comprehensive to third party - the choice is yours. For more information, please call 441-295-5566|
|Personal Effects Insurance|
|Add this cover to your Home Policy to take out a separate policy to insure items such as jewelry, camera equipment, computers and other valuables. This cover can be extended to include worldwide protection. For more information, please call 441-295-5566|
Marine & Travel
|BF&M is Bermuda's leading marine insurer and can offer you a marine policy designed to meet your boating needs. Our policy is the result of years of experience in insuring all types of watercrafts. Premium credits are given when your vessel is out of the water for eight consecutive weeks or more, but you still enjoy fire and theft cover. For more information, please call 441-295-5566|
|Travel insurance takes the worry out of your vacation. An affordable package is available to insure against most problems that can arise when you are on vacation. To learn more about the BF&M Travel Policy, please call 441-295-5566|
Term & Whole Life
|Term Life Insurance|
|Term Life Insurance is the simplest form of life insurance. It provides protection for a specific period of time at an affordable price. For more information, please call 441-295-5566|
|Universal Life Insurance (UL) is a flexible premium insurance contract with investment opportunities. It offers a dynamic combination of permanent life insurance and a highly flexible savings component. It provides you with a custom designed insurance coverage to fit your lifestyle, budget and savings objectives. For more information, please call 441-295-5566|
|Whole Life Insurance|
|Whole Life Insurance is a form of permanent life insurance that provides guaranteed premiums, death benefits and cash values. It is designed to be a long-term solution to providing insurance coverage for your entire life. Whole Life Insurance also offers a dividend option that can increase the values of the policy when the insured is living or increase the death benefit for your beneficiaries. For more information, please call 441-295-5566|
|Guaranteed Secure Life|
|If you are a Bermuda resident between the ages of 45 and 85, you may think insurance is too expensive or too much hassle for you. But now thanks to BF&M's Guaranteed Secure Life, you can purchase a policy with guaranteed coverage amounts of $10,000 to $25,000 with a payment plan that's right for you.
Your protection begins on the date you confirm your eligibility by signing the application and paying your first premium.
You need only confirm one simple statement to qualify
Pension & Savings
|Group Retirement and Savings|
|In 2000, the National Pension Scheme (Occupational Pensions) Act, 1998 was enacted into law in Bermuda requiring all employers to offer a retirement plan to their Bermudian (and spouse of Bermudian) employees. This was a great first step in helping Bermudians ensure that they save enough for retirement. With the shift from defined benefit plans to defined contribution plans, many employees still donít realize or understand that their income in retirement is completely dependent on the amount
that they have saved.
BF&M offers employers a wide variety of retirement and savings vehicles, including:
Our plans offer both the traditional risk-based profile model and our target-date profile model Horizon. BF&M was the first, and is currently the only provider in Bermuda to offer target-date investing in our retirement plans. Target-date is the default option used in the U.S. for 401K plans.
Contact BF&M at 441-295-5566 and ask to speak with one of our representatives about which product is right for you and your employees.
Link to Pension Commission Website: www.pensioncommission.bm
|Individual Retirement and Savings|
|Your employer can get you started in saving for retirement through your employer retirement plan, however chances are that the minimum required contribution to your group plan may not be enough to generate the savings you will require at retirement.
BF&M offer a series of individual retirement and savings products to help ensure that you are ready when it comes time to retire and to provide you with an income in retirement. Our plans offer both the traditional risk-based profile model and our target-date profile model Horizon. BF&M was the first, and is currently the only provider in Bermuda to offer target-date investing in our retirement and savings plans.
Contact BF&M at 441-295-5566 and ask to speak with one of our representatives to review your specific financial needs and to create a savings plan that works for you.