Direct Life Insurance Carriers
Key Figures
Figures are published for NAICS 524113 directly.
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Official definition
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.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Direct Life Insurance Carriers underwrite annuities, life insurance policies, disability income insurance, and accidental death and dismemberment insurance. The boundary with Direct Health and Medical Insurance Carriers turns on the type of risk insured: establishments underwriting health and medical insurance policies are classified in Direct Health and Medical Insurance Carriers, while those assuming risk for life-related policies and annuities belong in Direct Life Insurance Carriers.