Sacos August Promotions: The Endowment Assurance Plan and the Householder Policy

As we approach the end of our month’s long celebration of our 40 years anniversary, let’s take a quick look at some of our promotions for the month of August.

Endowment Assurance Plan

Sacos is giving away a free Endowment Assurance Plan policy worth SCR150,000 to one lucky Sacos Life policyholder. The winner will be selected from a pool of existing Life policyholders and any new policies purchased by 31 August 2020.

The Endowment Assurance Plan is designed to pay a lump sum upon maturity or upon death. It can be taken for a minimum of 10 years or a maximum of 35 years, depending on the policyholder’s age.

The Endowment Assurance Plan is suitable for policyholders who are more conscious of making a short or long term savings plan whereby the entirety of the sum assured is collected at the end of the maturity period.

Householders Policy

During the month of August, Sacos launched two Householder promotions.

10 lucky existing Householders policyholders will each get 4 years free Householders Policy insurance coverage for a sum insured of up to SCR2 million. The promotion is applicable until 31 August 2020.

Sacos will also give 40 days free cover for any new purchase of the Householder Policy between 1 and 31 August 2020.

The Householders Policy is an insurance product which is designed to protect the house of the policyholder and its contents, against damage caused by perils such as flood, fire and burglary, amongst a list of others.

The Householders Policy is one of the most critical insurance products is any person’s life whether they are a tenant or the homeowner. Many homeowners find themselves at a disadvantage in the event of a fire or theft, or some other peril. The cost of rebuilding or replacing damaged properties can be a long and financially draining journey for the victim. The Householders Policy provides the much needed cushion against any further financial constraints to the policyholders.

Sacos takes this opportunity to thank you for celebrating this special milestone with us and we hope to still have the privilege of your good company on our next milestone.

Thank you!

For more information on the Endowment Assurance Plan and the Householders Policy and the August promotions, contact us quickly on 429 5000 or send an email to info@sacos.sc.

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