Why choose us?

We could probably give you a bunch stats and figures, most of which would probably not make any sense or even matter to you. And while we are extremely proud of the strong fiscal year that we have had, we also like to celebrate our milestones.

For starters, Sacos will proudly celebrate its 40th anniversary in 2020: that in itself is a testament to how well-established a company, and a leader in the insurance sector we have become in Seychelles! After all, we have been in operation since 1980! With all these years of expertise in insurance under our belt, we have maintained a very strong position in the market and remain committed to offering market leading insurance solutions to both the private and business community of the country.

But more than that, what sets us apart from our competitors is simply the fact that we, as a company, care about our customers.

We have spent the better part of the last 1 & 1/2 years on an elaborate sensitisation campaign to make insurance knowledge more accessible to the general public. You may have noticed this from our campaigns, roadshows, blog and quizzes! We also introduced a new Client Relationship Management team to directly manage business clients.

In addition to revising our policies to be more competitive whilst giving you more out of your covers, we have also identified areas where insurance has been lacking, like our Student Travel Insurance Plan, in order to ensure that protective covers exist for any and all circumstances!

Do you think we have an insurance plan that might suit your need? 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.

Sacos… here for you

Protect yourself from floodwater hazards

The weather this past week has literally been raining on everyone’s parade! We’ve all seen what torrential rain can do: from flooded houses to road accidents, we should all be proactive in ensuring that we stay as safe as possible during such weather conditions.

Here’s what you can do to maintain some level of safety:

  • It is not uncommon for power lines to fall over in such strong winds. However, this may put you and others at risk for electrocution when walking or driving through flooded areas where downed power lines are present. If you see downed power lines near your home, do not walk near or through floodwater. Instead, get to a safe place and call local authorities to alert them of the situation.

  • Chemicals and sewage tanks tend to overflow and can contaminate floodwaters and cause multiple health issues such as infections, rashes and other illnesses. Unless you are absolutely sure that your water source has not been contaminated, you should avoid bathing, drinking or cooking with your home’s water supply until it’s been determined that it’s safe for use.


  • It is not uncommon for mosquito populations to increase following a flooding since they require water for breeding, causing a rise in the number of mosquito spread diseases. Get rid of standing water as soon as possible by draining or emptying standing water that may have collected in buckets, gutters, pools or other containers.

A lot of precautionary measures are just common sense, like driving with your headlights on when there is poor visibility or avoiding going on the road when there is bad weather. It is just a matter of assessing the situation and choosing the safest course of action. Remember to always put safety first!

Win big with Sacos’ Mortgage Life Insurance Festive Giveaway!

Imagine this:  Dubai is lit up for Christmas, with shopping malls pulling out all the stops with special snow ball zones, festive corners and games. Sound like somewhere you would like to be this upcoming holiday? Us, too!

With our new insurance promo, you stand the chance to win a return ticket to Dubai when you buy your Mortgage Life Insurance Plan with Sacos Insurance Group between the 18th October and the 18th December 2019.

Our Mortgage Life Insurance Plan is designed to help pay off your mortgage upon your passing during the period of the policy., saving your loved ones from worrying about debts and financial burdens that was initially not their own.

And because we care so much about our customers, as an added bonus we are giving away a FREE Fire only Insurance Policy for your home with any new Mortgage Life Insurance Plan of SCR700,000 and above!

Get in touch with us ASAP before the 18th of December in order to be eligible for our promotion. The big prize giving ceremony will be on the 23rd December. Call us on 429 5000 or send an email to info@sacos.sc and an officer will get back to you.

Debt after death; Credit life insurance

Contrary to popular belief, your debt doesn’t always die with you: sometimes the burden falls on the loved ones you leave behind. Yes, it does seem unfair, and YES, there IS something you can do to ensure that they are not saddled with your unpaid loans!

Ever heard of Credit Life Protection?

Basically what Sacos Insurance Group did was tailor-make an insurance plan to accommodate all banks in Seychelles lending unsecured loans, in case of death and Total and Permanent Disability. As a prerequisite, you have to take this plan prior to loan disbursement. Confused about how it works? Take a look:

Let’s say you take out a loan of SCR100,000 for personal use from your bank. Your bank will ask you to insure the value of the loan before disbursing the amount to you. You, in turn, will contact us for an insurance to provide coverage on this amount. The premium you will pay is one-off and it covers the entire duration of the loan. In the event of your disability, accidental death, dismemberment, and critical illness, your insurance will pay the remainder of your loan amount due to the bank.

On the fence? Consider this: You and your spouse share a loan. You, unfortunately, die.  As a joint borrower, your wife or husband would ordinarily have to repay loans or other debts if a co-borrower dies but a credit life insurance policy would pay the debt for them.

Interest piqued? Take a peek at our website or call us on 429 5000, or send an email to info@sacos.sc for more information on our Credit Protection Insurance product. We’re always happy to help!

Mortgage life insurance — protecting the place they call home ♡

A mortgage is a big commitment: it’s probably your biggest commitment at the moment, right?

It’s also a commitment you don’t want your spouse or children to bear in the unfortunate event something happens to you. You don’t want your loved ones to worry about how they’re going to make the repayments when you’re not around.

The truth is, a Mortgage life insurance is all about helping you protect the place your loved ones call home. With Mortgage Life Insurance, the insurance cover would help to pay off your mortgage in upon your passing during the period of the policy. Your loved ones need not worry about debts and financial burdens, or the possibility of having to sell the house.

Now, you’re probably wondering why you would need a Mortgage Life Insurance if you already have Life insurance. The biggest difference between the two is that they are designed with different protection purposes in mind. Some people want a policy that will help protect their family financially if they were to pass away during the policy term. Others may want a policy that could help their family with the mortgage payment. Mortgage Life Insurance is specifically designed to ensure your mortgage repayments would be covered if you died or fell seriously ill during the term of the plan.

At Sacos we understand that everyone’s circumstances are different, which is why we have worked extremely hard to revamp our policy and bring you the best protection at the most competitive rate! Interested? Get a quote here.

Need additional information? Not a problem! Call us on 429 5000 or send an email to info@sacos.sc and an officer will get back to you.