Month: September 2019

Quick question: When was the last time you updated your life insurance beneficiaries and beneficiaries on other important financial documents?

If the answer is never, or it’s been a while, you need to get a move on! But let’s be honest, most people do not think about their beneficiaries very often: but they should. Failure to keep your beneficiaries updated can be a costly mistake and have unintended consequences; imagine forgetting to update your beneficiary on your life insurance and your former spouse getting your assets instead of your current partner!

Life and circumstances change. The reality is parents die, marriages dissolve, children are born, and any of these events may warrant a change in beneficiaries. Now is as good a time as any to go through your policies to be sure that your designated beneficiaries are up to date.

Does this sound like something you need to do?

Pay us a visit at our branches (Maison Esplanade – Victoria, Pension Complex –Baie St. Anne Praslin, Green Corner –Providence)  or call us on 429 5000 or send an email to info@sacos.sc. We’ll be more than happy to assist you!

On Saturday 24th August Sacos organised an outing for the residents of the elderly Home at Anse Etoile. The aim of the event was to provide a memorable day and an opportunity for the elderly to enjoy themselves in a stress free environment outside their residence, as some have not been able to go out of their home for a couple of years. The event was grounded in culture and provided a catalyst for the elderly to reminisce the good old days.

The event was organized in phases, the first phase being a road trip from the home throughout the northern region of the island from Anse Etoile through Glacis and Beau-Vallon to Victoria. The participants were excited to view the outside world beyond the home. With a smile plastered on their face, the elderly crafted the journey to Domaine de Val des Prés Craft village, where they had a chance to explore the village to their heart’s content. The village excursion also provided an opportunity for the elderly to stretch their legs and rejuvenate after an extensive trip.

At around midday the elderly made their way to the Ballet residence for a private lunching hosted by Mrs. Ballet. The attendees were greeted with welcome drink made from freshly squeezed fruit. During lunch time the attendees were spoiled for choice, as an array of Creole dishes were served as the “pièce de résistance” accompanied by traditionally made desert. As the afternoon progressed, Mrs. Ballet had a few surprises up her sleeve, whereby a symphony of traditional melody was played much to the elderlys’ amusement. From there on the festivities only flourished as the attendees danced the “Kanmtole” as if their feet had a mind of their own.  As the event drew to a close the participants were served lemon grass tea to quench their thirst.

To conclude the day, all the elderlies received a gift basket from Sacos, while other participants received memorabilia as a token of our appreciation, after which farewells were exchanged and the elderly made their way back to the home. Sacos remains a major supporter of the pillars of the community and enjoyed sponsoring the event.