SBI Life Insurance reiterates its commitment to education, supports ‘Free Education Project’ initiated by Helping Hands Jaipur Society

SBI Life Insurance, one of the most trusted private life insurers in India, under its Corporate Social Responsibility initiative, donated a 50 seater bus to Helping Hands Jaipur Society for the welfare of aspiring students staying at far off locations in Bhankrota, Jaipur.

Research indicates that students from rural areas face severe accessibility restrictions, because of their geographicalisolation, their  social  and  economic  conditions,  and  the commonly  low  level  of  transport  supply. Addressing this issue, SBI Life’s initiative aims to improve the last-mile connectivity for students staying in remote locations which make it extremely difficult for them to reach school every day and continue education.

Mr. Aseem Mishra, Regional Director- Jaipur Region, SBI Life Insurance, graced the occasion by handing over the vehicle keys to Mr. Bob and Janine Mann, Directors at the Helping Hands Jaipur Society in presence of Mr. Satyanarayana Praturi, Regional Manager- Bancassurance, SBI Life; Mr. Shivaji V, Regional Manager- Retail Agency, SBI Life; Mr. Yajuvendra Singh, Regional HR-Jaipur, SBI Life along with other respected dignitaries.

Speaking about the initiative, Mr. Ravi Krishnamurthy, President-Zone 1, SBI Life Insurance said,“We at SBI Life firmly believe that education is the first step in developing any community and in fact, the society at large. An educated youth is capable of bringing in vital changes not only in the quality of his personal life but also in the larger community. We are humbled with the opportunity to support Helping Hands Jaipur Society and team up with them in this noble cause.By providing them with the necessary resources, it will not only help students build a better future for themselves, but will also empower them to bring in the required change in their surroundings at large”.

He further added, “We are hopeful that our efforts will be beneficial to these students and would encourage them to continue to put their best efforts in school.”

Established in 2004, Helping Hands Jaipur Society works for various communities, development projects addressing aspects like education, vocational & skills training, financial literacy among others. The school has come a long way since in start in 2005 with 27 children to 400 enrolments in 2018. The NGO is running ‘Slum development Project’ and ‘Free Education Project.  

About SBI Life Insurance

SBI Life Insurance Company Limited (“SBI Life”/ “the Company”), established in 2001, is a joint venture between State Bank of India and BNP Paribas Cardif S.A. and is one of the leading life Insurance companies in India. SBI Life has an authorized capital of ` 20.0 billion and a paid up capital of ` 10.0 billion.

SBI Life offers a comprehensive range of life insurance and pension products at competitive prices, ensuring high standards of customer service and world class operating efficiency. The Company offers individual and group products which include savings and protection plans to address the insurance needs of diverse customer segments.

SBI Life has a multi-channel distribution network comprising of an expansive Bancassurance channel with SBI, which has an unrivalled strength of over 22,000 branches across the country. SBI Life also has a large and productive agent network comprising of 116,278 agents, as on December 31, 2018. The Company’s other distribution channels include direct sales and sales through corporate agents, brokers, insurance marketing firms and other intermediaries. As on December 31, 2018, the Company has a widespread network of 859 offices across the Country to address customer needs effectively and efficiently. The Company had an AuM of ` 1341.5 billion as of December 31, 2018.

The Company is listed on National Stock Exchange (“NSE”) and The Bombay Stock Exchange (“BSE”).

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