Category: Uncategorized

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 ( https://www.sacos.sc/here-for-you/life-assurance-plans/) 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 (https://www.sacos.sc/here-for-you/life-assurance-plans/).

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 life@sacos.sc. You can also contact one of our agents (https://www.sacos.sc/about-us/local-agents/)

As any smart business owners know an Insurance Coverage is a must in this day and age, especially now in these unprecedented times. Sacos is giving small business owners that have registered with Enterprise Seychelles Agency (ESA) 15% discount on their purchase of the following policies:

• Fire and Special Perils
• Burglary
• Employers Liability
• Public Liability
• Loss of Profit
• Personal Accident
• House Insurance

Many businesses occasionally turn to their insurance provider to bail them out of in the event of misfortunes and unfortunate situations. This is because business owners may face quite a hurdle to recover and rebuild after suffering from any heavy losses. The aftermath could also see impacts on the economy and families of workers affected, if the company is unable to continue with its operations in a short delay of time. By reverting on their insurance policy, their cashflow remains unaffected.

Managing an uninsured business is an unnecessary risk no business owner has to take, especially when Sacos is offering discounted insurance policies!

Register with ESA, then come discuss your insurance needs with one of our agents.

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. Alternatively you can send us an e-mail on info@sacos.sc

As any smart business owners know an Insurance Coverage is a must in this day and age, especially now in these unprecedented times. Sacos is giving small business owners that have registered with Enterprise Seychelles Agency (ESA) 15% discount on their purchase of the following policies:

§ Fire and Special Perils
§ Burglary
§ Employers Liability
§ Public Liability
§ Loss of Profit
§ Personal Accident
§ House Insurance

Many businesses occasionally turn to their insurance provider to bail them out of in the event of misfortunes and unfortunate situations. This is because business owners may face quite a hurdle to recover and rebuild after suffering from any heavy losses. The aftermath could also see impacts on the economy and families of workers affected, if the company is unable to continue with its operations in a short delay of time. By reverting on their insurance policy, their cashflow remains unaffected.

Managing an uninsured business is an unnecessary risk no business owner has to take, especially when Sacos is offering discounted insurance policies!

Register with ESA, then come discuss your insurance needs with one of our agents.

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. Alternatively you can send us an e-mail on info@sacos.sc

Pick a person with a motor vehicle at random and ask them what motor insurance coverage they have, and the odds are they have a Third-Party Policy. 

This is one of the most common motor insurance plan that people opt for, mostly because in their mind it is the most affordable option available. However, that decision could end up costing more than you expected in the long run! 

The temptation to opt for third-party motor insurance will likely heighten during the pandemic given the higher cost of living in the country. Moreover, those currently on the motor comprehensive insurance plan may feel compelled to switch to third-party depending on their financial situation.

Opting for the third-party motor insurance plan instead of the motor comprehensive insurance plan however may not provide the policyholder with the necessary financial protection they want to seek.

When you go for a third-party cover, you are making the decision to cover only the other party’s vehicle in the unfortunate event of an accident.  This means that you are leaving yourself vulnerable to finance any expenses on your own vehicle in the event of an accident or other perils.

Here are a few things you need to consider before you make that call: 

1. If you get into an accident where you are at fault, will you be able to pay for the repairs for damages to your own car? 
2. If your car is totaled, will you be able to replace it easily with a brand new one especially with the increase in foreign exchange?
3. If a vehicle is an absolute necessity for your daily routine, will you be able to rent a replacement vehicle while your own is in the garage? 
4. What will happen to your premium if your insurance policy is paying for repairs on the other person’s car?  
5. Are you willing to pay out of pocket for extras, like a windshield replacement? 

In order to adequately protect yourself (and your car), you need to make sure that you get insurance coverage that: matches who you are and how you drive, and allows you to have any damages repaired without you having to constantly be opening your wallet.

Opting for the the third-party motor insurance during the pandemic is understandable, but you should also consider the longterm impact to your finances if you unfortunately get into an accident or other perils.

Sadly, as many have come to realise, it is only after an accident that you appreciate how a fully comprehensive motor insurance plan is the ‘cheaper’ option!  

Want to find out more? Talk to one of our agents! 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. 

Getting your child started on a stable financial path is the ideal way to kick start their future financial stability into adulthood.

The minute your child turns one is the perfect time to get them life insurance and what better milestone recognition than the Sacos Junior Plan?

Continue reading “Give your child a financial head start with the Sacos Junior Plan!” →