Your employees work hard for you and you want to give them the best combination of benefits available. BF&M offers some of the best group insurance plans around with easy-to-use tools and experienced agents who can get your company set up quickly so you can get back to business.
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Insurance matters, and at BF&M we believe in making it straightforward. You can trust us to be open, to talk in terms you can understand. And with over a century in the business and the strongest financial ratings going, you can depend on us to be there when you need us most.
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You can either continue contributing to your pension plan, or you can cease your contributions and start receiving your pension income.
By law, every employee and related non-working spouse in Bermuda must have a minimum health insurance package offered by their Employer.
If an employee becomes sick or injured, Disability Insurance replaces a percentage of their gross monthly income.
Companies that are domiciled in Bermuda, employees, their spouses, dependent children, and partners may apply for group health insurance coverage.
The minimum contribution is 5% each from the employee and the employer. You may make voluntary contributions too, but these are not matched by your employer.
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Contact a representative who specializes in Group Insurance.