Why should a healthy person take out a health insurance?

Indeed if we all knew the exact date we would fall sick and the exact diagnosis we would be given, we would probably start doing everything we could to prevent us from falling sick. We would probably start exercising daily, eat a more balanced diet and cut out all the unhealthy vices in our lives (smoking and drinking).

As it stands we do not have a crystal ball and, honestly, even healthy people can suddenly fall sick due to hereditary diseases or exposure to harmful substances in the environment.

At what point then do you take out a health insurance?

Firstly, you need to understand the use of a health insurance. Health insurance helps you to cover the cost of medical, obstetric care and surgical expenses for inpatient treatment. The area of coverage depends on the package you select, but the different zones include Seychelles, Mauritius, India, and South Africa, as well as a worldwide coverage (excluding USA and Canada).

Health insurance will cover the cost of your treatment when you are sick, so the best time to take out a health insurance is before you fall sick. Why? For starters, the coverage is more likely to be cheaper if you are less at risk. Secondly, your current illness will likely not be covered by an insurance policy as you did not have a policy in place when you fell sick. For example, your policy would most likely cover illnesses you will attain from the day the policy became effective and will not cover illnesses you already have.

Why take out a health insurance:

Because you cannot predict when you would fall sick nor what you would be diagnosed with, there are certain risks which can be considered to help you make up your mind:

  • Age: Some health risks increase with age such as heart disease.
  • Environment: Where you live and what surrounds you are important factors to your health status such as lung cancer.
  • Community: Some illnesses are more prevalent in your community as a result of shared or similar lifestyles such as diabetes.
  • Hereditary: A number of illnesses are passed down through genetic inheritance such as breast cancer.
  • Time: Time is a crucial factor when fighting a serious illness which is why delaying treatment as a result of lack of funds, evaluation or waiting periods can be terminal for a patient.

For more information on health insurance, call us on 429 5000 or send an email to info@sacos.sc

Practical tips on staying safe from the Coronavirus

While there are yet to be any confirmed cases of the Coronavirus in the Seychelles, it is always prudent to take precautions:

Practice good hand hygiene: Wash your hands with soap and water for at least 20 seconds, or use a hand sanitiser with at least 60% alcohol and rub it in until the surface of the skin is dry before touching your face or eating. Also try and minimise how often you touch your face or rub your eyes. Always cough into your elbows.

Avoid touching surfaces with fingertips: Did you know that this is the part of your hand most likely to transmit a virus?! This is because they’re the part most often used to touch your nose or mouth. Keep a pack of antibacterial wipes on hand and sanitise surfaces before touching them where possible.

Keep a pack of tissue on you: You can use these to open a door or press elevator buttons, or public railings.

Clean your hands before touching your smartphone! Reaching for our phones is something we do without a second thought, but they too can harbour bacteria, viruses, and other germs. Alway clean your phone screens.

Avoid travelling to infected countries if possible. 

Sacos Insurance Group — Giving Women the power to protect the things they love.

At Sacos we understand the importance of safeguarding the yield from women’s hard work: we do this by developing and availing to them a number of insurance products that help them protect everything they value; family, home, health and business.

As a smart woman, you’ve probably had the good sense to get a life insurance policy. Here are some policies you may not have had the foresight to get, and why you should;

Health Insurance: You cannot predict when you’ll fall sick nor what you would be diagnosed with. A health insurance will cover the cost of your treatment when you are sick, so the best time to take out a health insurance is before you fall sick. Not only will the cover be cheaper, but your policy will most likely cover illnesses you will attain from the day the policy became effective and may not cover illnesses you already have.

Householders Policy: Think of all the blood, sweat and tears you have put into building or purchasing your home. Imagine disaster struck… Could you afford to re-build? A comprehensive cover provides compensation in the event of damage to your building and contents of your home due to fire and a wide range of other risks. Remember, our Householders Policy has not one, but TWO components: building insurance provides compensation to damage caused to permanent fixtures such as bathroom, wardrobes and kitchen as well as the bricks and mortar of your house. The home contents insurance covers assets such as your television, refrigerator, articles of clothing and jewellery and other items you consider valuable.

Fire Policy: A basic cover for the budget-conscious which provides compensation in the event of fire, lightening and explosion.

Public Liability cover: If you are a woman that owns her own business, then this cover is a must have as it is designed to protect you if your clients or members of the public suffer personal injury or property damage arising from your business activities.

You have worked undoubtedly hard for the things that you have, and all of it can be taken in one fell swoop if disaster were to strike. A strong, successful woman protects the things that she loves, and this is what we provide here at Sacos: Security.

For more information on how we can be of service, drop us an email at info@sacos.sc, visit our website https://www.sacos.sc/here-for-you/ for details of our products and to request quotes from us. 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.

Insurance products designed for parents in mind!

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No-one knows exactly how many children are bereaved each year, how many parents die, leaving dependent children. What we do know, is that upon the unexpected passing of a parent, a lot of children are left with financial instability. As a parent, and especially as a mother, we always want to ensure that our children are taken care of even if we are not there to do it ourselves.

That said, we would like to offer some of our insurance products for consideration, products that are tailored to relieve you of worry and help you plan for yours and your children’s future, even one without you.

Life Insurance: A policy pay-out can help in numerous ways: pay off debts, replace lost income, be veered towards a university fund, be used as personal contribution towards a loan, be used as startup capital towards a business venture — the list goes on!

Sacos’ Education Plan: Designed to help you save by means of a small monthly contribution, the policy is taken on your life with your child being named as the beneficiary, and only he or she will be able to receive the money upon maturity. You do not have to worry about someone else profiting from your hard work and your child’s inheritance when you are not around to protect them.

Double Security Plan: As the head of the household, your family relies on you to make all the important financial decisions. You sort out the bills, the rent, groceries and savings. Upon your unfortunate demise, your family will now have to wade through all of the complicated and stressful matters, you used to take care of for them. By getting a Double Security Plan, can ensure that they will not have to needlessly worry about rent, bills and mortgage in your absence.

Sacos Funeral Plan: The Sacos Funeral Insurance Plan is a whole-life, monthly-low-cost protection insurance plan that gives you cover for death as a result of an accident or natural causes. It allows you to have a saving that your family can use to cover the cost of funeral expenses and burial, and covers you as an individual and can cover for your family members (your spouse, parents, and children) as well.

Drop us an email at info@sacos.sc, visit our website https://www.sacos.sc/here-for-you/ for details of our products and to request quotes from us or 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? A life insurance policy that adequately covers your needs is exactly what you need to give you much needed peace of mind and at Sacos we’re here for you.

 

Should women be buying Life insurance?

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Women are protective by nature – we always like to take care of others. After all, a lot of us have the financial responsibility of providing for our family, taking care of the household and paying bills, meeting our children’s needs, and worrying about who will provide for them should something happen to us. In taking care of everyone and everything else, we sometimes neglect to take care of someone of the utmost importance: ourself!

Women should not neglect to get life insurance as by nature life insurance re-enforces their protective nature!  Whether you are a CEO, or a stay-at-home mom, life insurance is an important protection to have. Not only does a life insurance policy give peace of mind knowing that your family’s financial needs will be taken care of and financial obligations met in the event of your passing, but it can also be a nice little nest egg for the future!

Life insurance can help pay off your debts, it can be your startup capital towards a business venture, it can offset expenses your family may incur, it can pay your tuition fees if you wish to further yours or your children’s education — the payout from a life insurance policy is so versatile! If you are a caregiver, single parent or working mother life insurance can help buffer the loss of your income. It can also support future expenses for your children or family.

Do not look at life insurance as an expense, instead consider it an investment. Value your life just as much as you value others, and get insured!

Drop us an email at info@sacos.sc, visit our website https://www.sacos.sc/here-for-you/ for details of our products and to request quotes from us or 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? A life insurance policy that adequately covers your needs is exactly what you need to give you much needed peace of mind and at Sacos we’re here for you.