COMMUNITY

Impacting lives,
empowering communities

We are making steady progress towards empowering communities and multiplying the positive impact we make on their lives. We have a two-fold approach to community initiatives – providing insurance solutions to the unorganised sector and undertaking multi-faceted corporate social responsibility (CSR) activities to improve community wellbeing.

Material issues

Partnering in
community development

Addressing various
social issues

Environment
protection

Support to various schemes
of the government and regulators

Democratising access to life insurance products

Sector Particulars Year ended
March 31,2021		 Year ended
March 31, 2020
Rural
  • New policies issued
  • % of rural sector policies to total policies
  • Premium underwritten (₹ in ‘000)
    		•
  • 440,907
  • 26.61%
  • 23,213,991
    		•
  • 381,906
  • 24.61%
  • 21,250,514
    		•
    Social
  • New policies issued (including Group business)
  • Number of New Lives
  • Premium Underwritten (₹ in ‘000)
  • % of social sector lives to total lives
    		•
  • 592
  • 571,378
  • 93,574
  • 4.64%
    		•
  • 556
  • 313,405
  • 38,858
  • 3.50%
    		•
    Total
  • Number of New Policies
  • Number of New Lives
    		•
  • 1,656,891
  • 12,313,079
    		•
  • 1,551,862
  • 8,959,280
    		•
    Primary-Education-circle

    Primary
    Education

    Healthcare-circle

    Healthcare for
    women and children

    Literacy-circle

    Literacy programmes for
    women and children

    SBI Life‘s CSR focus areas

    Rural-Development-circle

    Rural
    Development

    Environment-csr-circle

    Environment

    Healthcare-csr-circle

    Healthcare

    Skill-Development-circle

    Skill
    Development

    Disaster-Relief-circle

    Disaster Relief

    Child Education

    In FY21, we supported the education of children from disadvantaged backgrounds with educational aid; differently abled children were supported with special education and therapy. We also supported various institutions towards upgrading their basic functional infrastructure in order to improve learning environment.

    Location Trust Initiatives
    Delhi Onvya Trust (HO) 20 girls who were victim of abuse, child labour were supported with residential facility, quality education, nutrition, personality development and counselling
    Telangana Ashray Akruti (Telangana) 50 underprivileged, differently abled kids were supported with special education and therapy
    Bihar Shoshit Seva Sangh (Bihar) Educational sponsorship was provided to 100 children from Musahar, a vulnerable community in Bihar
    Assam, Jharkhand, UP, Chhattisgarh, Meghalaya, Mizoram, Nagaland, Delhi and Maharashtra Arpan (HO) 3,858 children were imparted training on sexual abuse prevention
    West Bengal Udayan Supported 270 children suffering from leprosy were provided with formal education, personality development training, counselling, nutrition, residential facility, medical support and vocational training after 12th standard
    Tamil Nadu YMCA 300 differently abled children with hearing and intellectual disability were supported with special education, therapy, nutrition and accommodation, life skill development and counselling
    Maharashtra CanKids KidsCan 265 children from across India who were affected by cancer were brought to Mumbai and were provided with education facilities, nutrition, counselling and personality development training
    Karnataka Parikrma 550 underprivileged children were provided with quality education that is at par with English medium schools through a CBSE syllabus with unique pedagogy ensuring conceptual understanding. We also focused on engaging them with extracurricular activities and provided them with nutritious meals. We also provided counselling for parents to ensure a stable home environment.

    Healthcare

    Location Trust Initiatives
    Telangana Heal A Child 8-10 underprivileged children were given medical aid. This initiative is specially targeted towards premature babies and girl children.
    Pan India Genesis Foundation We supported the cost of treatment of underprivileged children suffering from congenital heart diseases.
    Odisha Rotary Eye Care Hospital Provided financial support towards the surgeries of over 1,000 underprivileged rural and tribal population in Odisha.
    Odisha Vision India Foundation (Bhubaneshwar) 7,500 underprivileged people were supported financially for medical treatment. We also extended financial support for the project ‘Cataract-free Sambalpur district’
    Madhya Pradesh and Rajasthan Action Against Hunger In a fight against child malnutrition, 32,149 beneficiaries including lactating and pregnant mothers, young children, frontline workers in Dhar, Madhya Pradesh and Baran Rajasthan were covered under this initiative. We focused on improving nutrition and health indicators of children under two years and pregnant and lactating women through a 1,000-day programme with a threefold approach to
  • Prevention via counselling mothers and educating community at large on causes, symptoms and effects of malnutrition
  • Treatment of children suffering from moderate acute malnutrition and referring them to the Nearest Rehabilitation Centers (NRC)
  • Sustainability – Training Anganwadi and ASHA workers on identifying early signs of malnutrition and taking corrective actions.
    		•

    COVID-19 relief efforts

    We contributed to the PM CARES Fund constituted by the Government of India for COVID-19 relief efforts. We enabled COVID-19 testing and vaccination buses across Delhi. We provided support to medical frontline workers with 10,000 PPE kits in Maharashtra and Gujarat.

    3.30 lakh

    People including frontline co-workers supported

    Our employees were provided with counselling services through our CSR partner, Arpan NGO. Our employees also contributed to the social media campaign ”Protect those who protect Us” to support the health of frontline workers and to a virtual volunteering opportunity with Angel Xpress Foundation.

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