Protect your Merchandise with the Sacos Marine Cargo Insurance

As a country reliant on imports, Marine Cargo Insurance is an integral part of business planning in Seychelles. The final sale price of most goods we find on the shelves already incorporate the insurance cost from the CIF value of the goods (Cost, Insurance, Freight).

Why is Marine Cargo Insurance important, you may ask?

Marine Cargo Insurance is important because it is designed to protect your goods in the event of loss and damage whilst in transit. Importing goods is a costly affair, especially during these economically turbulent times. As a business owner of a small to medium-sized enterprise, damage or loss to cargoes can affect the profitability and survival of your business. This means that Marine Cargo Insurance is literally designed to protect your bottom line.

There are only a few things that can be done to protect your cargo while in-transit. One of these is ensuring that the freight has been packaged properly to lessen the risk of damage to goods.

Nevertheless, there are many perils and liabilities to be concerned about. Rough seas can cause damage to items by tossing and jostling them around in the containers. 

What does Sacos has to offer?

The Sacos Marine Cargo Insurance covers losses arising from physical damage to cargo and related liabilities whilst it is in transit by sea. Sacos offers its clients three clauses which ranges from a wider coverage to a more basic insurance coverage.

While each clause vary on the details, the main purpose of the Sacos Marine Cargo Insurance is to protect you and your company from suffering revenue loss in the event of physical damage.

The Sacos Marine Cargo Insurance protects your cargo in the event of theft, fire, bad weather and other liabilities.

Protect your goods from the start of its transit to you. Get in touch with us by e-mailing general@sacos.sc or calling us on 4 295 000 to find out more about the Sacos Marine Cargo Insurance!

When is the best time to get a Sacos Junior Plan?

There is nothing more exciting than shopping for a baby once you find out you’re expecting: crib, bottles, those adorable tiny clothes! We spend ages reading reviews and checking ratings on baby products because let’s face it, we all want our children to have the best of everything.  

At the top of that list should be a Sacos Junior Plan for when your child turns one. That is the earliest age they can be eligible for a Sacos Junior Plan. Available for purchase by parents and legal guardians of the child, the Sacos Junior Plan is the ideal tool to provide them with financial security in the future.  It entails making a savings plan for your child which they can collect upon coming of age.

Additionally, insuring your child as soon as they turn one decreases the possibility of them becoming uninsurable at a later point in life. Medical diagnoses can make potential policyholders ineligible for life insuranceAs such, in securing an insurance policy on behalf of your child from the onset, you have ensured that your child will have a lump-sum amount in their savings during their adulthood. 

A life insurance policy can make all the difference in your child’s life.  You should hurry and take the Sacos Junior Plan today as the minimum term for the policy is ten years and the maximum age at maturity is twenty-one years.

Talk to one of our agents today about coverage options for your child by calling us on 429 5000 or sending an email to info@sacos.sc and an officer will get back to you.