NAGINDAS KHANDWALA COLLEGE OF

COMMERCE, ARTS, MANAGEMENT STUDIES

PROJECT REPORT ON
CSR BY INSURANCE COMPANIES

IN PARTIAL FULFILLMENT OF
T.Y.B.COM (BANKING AND INSURANCE)
SEMESTER VI

PRESENTED BY
DHWANI JAIN

PROJECT GUIDE
PROF. GARGI DUBEY

UNIVERSITY OF MUMBAI
ACADEMIC YEAR
2014 2015

ACKNOWLEDGEMENT

It is the most pleasant part of any project to express gratitude towards all
those who helped me out to complete this project.
This project has been very enlightening experience for me in an area that
is of great personal interest.
Firstly I would like to express my gratitude to University of Mumbai for
introducing such a wonderful course banking and insurance and also
give us project which help us to gain more knowledge information and
practical knowledge.
Secondly I would like to thank my Institute Nagindas Khandwala
College.
I would like to thank my project guide Prof . Gargi Dubey for her great
help, valuable opinions, advice and suggestions in fulfillment of my
project.

INDEX
Topic name

Pg. no.

Executive summary

Research methodology

2-3

Introduction of insurance

45

Overview of insurance industry

67

Introduction to CSR

8 10

The phases of CSR development in India

11 13

Current state of CSR in India

14 15

Types of CSR

16 18

Steps to achieving CSR

19 23

Companies Act related to CSR

24 29

Format for the annual report on CSR activities

30

Advantages of CSR to the company

31 35

CSR policies and practices

36 39

CSR by HDFC Life Insurance company

40 48

CSR by Bharti AXA General Insurance company

49 54

CSR Policy of Max Life Insurance co.ltd.

55 62

CSR of Life Insurance Corporation

63 64

Conclusion

65 66

Suggestions

67 68

Bibliography

69