Impact of Corporate Social Responsibility

SMILE LIFE INSURANCE PAINTS ZEBRA CROSSINGS AS ITS CORPORATE SOCIAL RESPONSIBILITY

Company profile

Smile life insurance is a company that is wholly owned and managed by professional Malawians, who are specialist in risk management (life insurance) and therefore this is what differentiate them from other life offices. That, apart from risk management (life insurance) they also administer pension funds and manage assets. Its primary objective is to make life insurance affordable to most Malawians thereby increasing market penetration of life insurance.

Vision

To be the preferred life insurer offering a wide range of affordable and innovative products promoted by a highly motivated and multi-skilled team of professional staff and supported by efficient and effective operational systems

Mission

To provide innovative and affordable life insurance products, that is relevant and timely to institutions, employees, associations, individuals and other stakeholders.

Core Values

Accountability, Honesty (probity), Transparency, Trust, Humility, Quality and Frugality in

Products

* Group Life Assurance Schemes

* Group Mortgage Life Assurance Schemes

* Group Funeral Life Assurance Schemes

* Group Credit Life Assurance Schemes

* Thandizo Funeral Policy insurance products for the benefit of all stakeholders.

Introduction

Corporate social responsibility refers to the corporate initiative to assess and take responsibility for the company’s effects on the environment and impact on social welfare. CRS goes beyond what may be required regulations or environmental protection groups (Stephan Abraham, 2013). Corporate social responsibility also refers to operation of business in manner that accounts for the social and environmental impacts created by the business, thus a commitment to developing policies that integrate responsible practices into daily business and reporting on progress made towards implementing those practices (as you sow foundation,...