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Happy New Year!

As we reflect back on 2019, its worth remembering what we are most grateful for. For us at Sacos, it’s our family, our friends, our jobs, our health. Chances are your answer is also similar, which is why this year you should consider allowing us to help you protect the things that matter to you the most.

The truth is insurance isn’t a luxury, it’s actually quite affordable and the ramifications of going without quite often outweigh your premium.

Ask yourself this question; if the answer is no then fair enough. But, is there anyone that relies on your income? This can be a spouse or a child, or a close relative. We’re willing to bet that you want to ensure that the loved ones you leave behind aren’t left out of pocket. What insurance product would be suited to your needs? Life insurance!

You suddenly fall ill and require overseas treatment; your health insurance will have you covered!

You are robbed whilst on holiday; Sacos’ Travel Insurance has got your back!

We have a whole range of insurance products that are tailored to your needs. Make 2020 the year you have all your bases covered: Call us on 429 5000 or send an email to info@sacos.sc and an officer will be more than happy to provide you with more information!

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!

Continue reading “Stumped on what to get your kid this Christmas? Consider a Junior Insurance Plan!” →

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.

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?

Continue reading “Why you should take out Mortgage/Credit Life protection insurance for your Secured & unsecured loans” →

Friday, 29 November 2019

Sacos is proud to be the main sponsor to the Cancer Association through K-Radio “Brave The Shave” event, which will be held on Praslin, Saturday 30th November 2019. Our employees continue to support the Cancer Association and its fight to find a cure against cancer and, in return, we are committed to continue giving back to this cause.

The Cheque Handling Ceremony was held at the Sacos premises on Thursday 28th November 2019 at 3.00pm with the presence of K-Radio and the Cancer Association representatives.

Sacos sponsored SCR 114,000.00 to the Cancer Association as it is committed to making the fight against cancer a priority among its plans. We believe that if one person can battle cancer, then an entire nation can rise up to defeat it. “Cancer is a tough disease which can affect anyone and It is one of the areas that we would like to contribute to, to ensure that everyone gets the necessary medical treatment” said Ms. Morel, CEO Sacos during the presentation. “We will do whatever we can to help as a company and we are happy to contribute to the cancer association as it’s a worthy cause” she concluded. On her part Mrs. Mrs Tasianna Bossy, the Chairperson for the Praslin branch of Cancer Concern Association, thanked Sacos for its contribution toward their cause “It is heartwarming to see that there are people who are still passionate about health and is committed to make a difference in the life of people in need” she said. “We are indeed so thankful of the generosity of Sacos and this contribution will help us to fulfil our dream project of the Hospice on Praslin”.

With the collaboration of partners, volunteers, and generous donors, Sacos is prepared to engage in this fight for as long as it takes to defeat this terrible disease.

We look forward to building mutually beneficial, ongoing relationships with the Cancer Association that continue to leverage our mutual strengths and provide strong benefits to all.

Sacos continues to follow one of its corporate values of being socially responsible by giving back to the community.