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NAICS Code 524113 Direct Life Insurance Carriers

The NAICS Code 524113 is described as
Direct Life Insurance Carriers
  • Accidental death and dismemberment insurance carriers, direct
  • Accidental death and dismemberment insurance underwriting, direct
  • Annuities underwriting
  • Cooperative life insurance organizations
  • Credit life insurance carriers, direct
  • Direct Life Insurance Carriers
  • Disability insurance carriers, direct
  • Disability insurance underwriting, direct
  • Fraternal life insurance organizations
  • Insurance carriers, disability, direct
  • Insurance carriers, life, direct
  • Insurance underwriting, disability, direct
  • Insurance underwriting, life, direct
  • Life insurance carriers, direct
  • Savings bank life insurance carriers, direct

Description
This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies.

· Establishments primarily engaged in reinsuring life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies are classified in Industry 524130, Reinsurance Carriers; and
· Legal entities (i.e., funds, plans, and/or programs) organized to provide insurance and employee benefits exclusively for the sponsor, firm, or its employees or members are classified in Industry Group 5251, Insurance and Employee Benefit Funds.

(2019-08-02)

It belongs to the code group
NAICS Code 52411 Direct Life, Health, and Medical Insurance Carriers

To this Code "524113" belongs the sub codes
(No direct sub codes available)


The equivalent ISIC Code (Rev. 3.1) is
6601: Life insurance
  Activités d'assurances sur la vie

The nearest NACE Code (Rev. 1.1) is
66.01: Lebensversicherung - Lebensversicherung
66.01: Life insurance - Life insurance
66.01: Activités des assurances sur la vie
66.01: Assicurazioni sulla vita
66.01: Seguros de vida
66.01: Levensverzekeringen
66.01: Livsforsikring

The equivalent CPC Code (Rev. 1.1) is
xxxx: No Code defined

Translation of the Code description
524113: Direct Life Insurance Carriers
(2019-08-02)

Alternative Spellings (synonyms): Carrier
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