If you own a rental car business, you may begin to notice a surge in demand now that Seychelles has almost fully reopened its borders. With the opportunities to revive your business on the rise, so have the risks against it.
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…
While motor insurance is mandatory for all vehicles, policyholders have the option to choose between Full Comprehensive, Third Party Only and Third Party, Fire and Theft. Some vehicle owners can at times opt for the more affordable options, which is understandable, but if the Full Comprehensive is within your budget, then it is an indispensable…
For the majority of us, buying a car is a pretty big deal, and a lot of thought and research goes into choosing the ideal vehicle; we have to make sure that it looks good, that it is fuel efficient, that it is eco friendly, that it is powerful enough to go up the Seychelles’…
Since the Department of Health has issued a ‘lockdown’, unless you are part of what is considered as part of an essential service you really have no reason to be on the road. In this regards, Sacos Insurance Group needs to comply with the lockdown rules and as such only Motor accidents occurring as follows…
In a tropical climate such as Seychelles, downpours are quite common and as drivers we often think very little of it. We all know to exert caution on the road, especially when the roads and wet and slick. However, we’ve all been in a situation where we’re in a hurry and drive a little too…
Whatever the reason, you may find that someone else drives your motor vehicle from time to time. But what happens if they get into an accident? Will your insurance policy cover the damages? This depends on several factors: If a driver does not have a valid driving license, no insurance policy claims can be approved.…
When entering into an insurance contract, as the policyholder there are certain conditions you are expected to fulfil. If you are unable or fail to meet these obligations, you may find that your motor insurance policy is liable to being cancelled before its normal expiry date, which would not only leave you unprotected in case…
Seychelles is often referred to as paradise, and rightly so! Beautiful azure oceans, white sandy beaches, we are truly blessed. However, living on an island has its downside! In fact, our environment may be the cause or accelerator to vehicle corrosion and damage! How so? Well for starters, the combination of the sun and salt…
Short answer? No. At Sacos we understand that one of the big overheads for a business comes from the ownership and maintenance of a fleet of commercial vehicles. Your company fleet of work-use motor vehicles represents a significant investment in capital, and a sizeable proportion of the risk the company carries as driving is among…
