Do I need public liability insurance for my Christmas party?

Your company end of year party is probably one of the most anticipated event in December; it’s a time for everyone to let their hair down and wind down after a long year of hard work. But deciding on catering and the venue are not the only important decisions to make: Staff welfare at the party should be a top priority No one wants to think of what could go wrong amidst the festive frivolity, but our job as an Insurance agency is to consider all potentials risks.

That said, were you aware that at least one person requires hospital treatment every year, specifically for falls, cuts and burns over the Christmas period?

Public liability insurance is one of the very valuable policies that are often overlooked, but it could save your company a substantial amount in compensation payments and legal fees if a claim were to be made following an event.

Having a Public liability insurance policy  will cover a party on work premises and protect you in case of any incidents. Our verdict? Whilst it isn’t a legal requirement, anything that works out in your best interest or is there for your protection is always handy to have!

 

 

Stumped on what to get your kid this Christmas? Consider a Junior Insurance Plan!

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Sure, they’re probably not going to be jumping for joy when you tell them that Santa didn’t get them as many toys this Christmas because he purchased a life insurance plan in their name, but we can guarantee they’ll definitely be thanking you when the time comes to cash in on that policy!

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Travel Safety: Avoid travel fraud and scams

With the holiday season in the offing, you’ve probably already booked yours and you family’s flights to some exotic destination to round off the New Year. Christmas and New Year is a great time for travel but all too often, amidst all the excitement, it can be easy to lower your guard.

It’s more important that ever to be alert and maintain high situational awareness. If something seems too good to be true, it almost always is. Here are a few things to look out for when you are for your time away:

Vacation rental scams – Always stick to established, secured websites. You’d be surprised at how many people have been scammed by bogus websites that require advanced payment, only to discover that the place they paid for doesn’t even actually exist!

Fraudulent websites can look real and make bogus offers. Watch out for third party sites selling hotels or other goods and services at a discount. Use reputable services and be sure to dig around on a site to make sure it is the real thing before you take out your credit card.

Excursions, Tours and and Tourist Attractions: Always book activities through your hotel or a reputable travel agency. If you are unsure about a website, whenever possible, pay with a credit card. That way, you can dispute any charges if you’re scammed.

We always recommend purchasing travel insurance whenever you plan to leave the country; you never know what can happen and it pays to be well prepared for the unexpected. You can find more information here, as well as request a quote.

Alternatively you can 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.

Why you should take out Mortgage/Credit Life protection insurance for your Secured & unsecured loans

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When it comes to borrowing from a financial institution you will usually have two options: Secured or unsecured loan. For both types of loans, you are obligated to repay the full balance even if something happens to you. Sacos Mortgage/Credit Life protection is here to provide you and your family the financial security and therefore pays off your loan should you become permanently disabled or pass away before your loan is settled. So how does this work?

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