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 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 and an officer will get back to you.  

Boost your home security and safety ahead of the festive holidays

While the festive holidays are supposed to be times of joy, great fun and relaxation, many homes are especially vulnerable to burglary and other forms of perils.

If you are concerned about your home security and safety, below are some useful tips to consider:

  1. Upgrade your security system

If you have a security system at home, make sure that your equipment functions properly. A low-res camera is about as useful as having no camera set-up at all so this might be the time to upgrade to a higher-res security system. You may also want to consider setting up both indoors and outdoors camera. While you’re at it, a smart home alarm system can easily keep you informed in real time of any break-in attempts.

2. Keep your lights on

With people away from their homes attending parties and late-night get-togethers, having lights on can minimise the risk of burglaries in your absence. Motion sensors are useful in deterring would-be burglars from your home as lights are activated when the sensors are tripped. Leaving on your christmas lights might also dissuade people from targetting your home, but you should consider the risks of fire, energy use and whether external lights are connected to internal sockets which may leave your windows at risk of being pried open.

3. Reinforce doors and windows

All windows should be burglar-proof regardless of the time of the year, but you may want to reinforce some of the security measures related to access points into your home. Most people focus on burglars bar for their windows, ignoring the fact that a lot of burglars gain access through the main/side doors. You should consider replacing worn-out door hinges and frames, upgrading security locks and substituting with more sturdy door material. Fixed burglars bars are good, but retractable bars for both doors and windows protect you from break-in attempts and facilitate exit in case of fire. (Quick tip: strategically-placed thorny shrubs and potted plants can make burglary harder).

4. Use Common Sense

Unfortunately, unsavoury characters out there will take advantage of your generosity and naivete. It’s important to practice good common sense around this time to ensure that your safety is your number one concern. Burglaries can happen in broad day light when we are inside our home. Consider keeping your doors and windows to rooms in other parts of the house locked when you are not using them. Lock your doors behind you if step outside for a short while, even when tendering your garden or putting out the trash. Do not leave strangers unattended by your open/unlocked door to go retrieve something from the house. While refusing someone a glass of water is not the way your parents raised you, trust your instincts if you feel something is not right – your safety is paramount. (If an unknown person comes to your door to sell you certain items, know that these may be stolen goods; you will be criminally liable even if you unknowingly purchased them).

5. Take out a Householders Policy

Despite your best actions, you may find yourself victim of a burglary. The Householder’s Policy provide financial compensation to homeowners in the event that they suffer loss or damage arising out of a burglary or other specified perils. The Content cover under the Householder’s Policy provides coverage against loss of personal items such as TVs, stereo equipment, laptops/tablets/computers etc. The Building cover under the Householder’s Policy provides coverage against damage to walls, doors, windows and other permanent fixtures, among others.

Keep yourself and your home secure and safe this Christmas! Call us today on 429 5000 for more information on the Householder’s Policy or send an email to or visit our website to request a quote.

Contact Sacos today for your Marine Cargo Insurance

The holiday period is the one time of the year where most people come together to exchange gifts, share good food and enjoy each other’s company. This year, however, looming economic anxieties and sporadic COVID-19 positive cases threaten to dampen traditional holiday festivities.

Businesses have always played a key role in igniting the spirit of Christmas in the country and this year it is important more than ever to keep this flame alive. Creative lights and decorations, interesting deals and promotions, and even an enticing end-of-year Sacos lottery.

Most businesses are currently in the process of building their stocks ahead of the festive period. One of the pressing concerns for their consumers right now is the rising cost of goods as a result of pressures on foreign exchange.

Sacos offers a simple solution for everyone this Christmas with the Marine Cargo Insurance:

  • Purchasing a local insurance products relieves some of the pressures on foreign exchange demand.
  • The Marine Cargo Insurance is affordable and will keep the cost of importing goods to a sustainable level.
  • Supporting local businesses helps to build the economic health of the nation.
  • Sacos Marine Cargo covers losses arising from physical damage to cargo and related liabilities whilst it is in transit by sea.
  • Sacos Marine Cargo can provide coverage for a single shipment or an open cover for the regular importers and exporters.
  • The Sacos Marine Cargo Insurance is flexible and offers three different options depending on the customers’ needs.

Today is the best time to take your Marine Cargo Insurance with us. Visit our website to request a quote from us or call us on 429 5000 or send an email to

Stand to win the Star Prize of SCR10,000 OR 1 of the 10 SCR3000 in Sacos Life’ End of Year Lottery!

Tuesday, 24th November 2020

CELEBRATE the festive season with Sacos!

This year, we will have a special lottery to bring some end-of-year joy and relief to our faithful and esteemed customers.

What is the Prize?
Sacos will give away the star prize of SCR10,000 to one lucky winner. No worries if you miss out on the star prize, we are also giving away 10 additional prizes of SCR3,000.

Who can participate?

The end-of-year lottery will be open to both NEW and EXISTING life insurance policy holders. Imagine that, you could be one of the lucky winners! If you don’t already have a life insurance with Sacos, get one before 25 December and you could very well be one of our lucky winners.

Check out our online calculator ( so you can get an idea of how much your monthly premium will be OR to get a more personalized service by requesting a quote online (

When is the draw date?
The draw will be held just after Christmas.  

2020 has been especially hard due to the Covid-19 pandemic and has put a financial strain on most of us. The special lottery aims to provide some much needed relief to our customers. It is our way of saying thank you for your confidence in us and welcome to the Sacos life family for the new customers.

Contact us for more information on 429 5000 or send an email to You can also contact one of our agents (