NAICS Code 524113-02 - Insurance-Savings-Bank-Life

Marketing Level - NAICS 8-Digit

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Contact Emails: 1
Company Websites: 1
Phone Numbers: 1
Business Addresses: 2
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What's Included in Every Standard Data Package

  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
  • Public / Private Status
  • Latitude / Longitude
  • ...and more (Inquire)

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Looking for more companies? See NAICS 524113 - Direct Life Insurance Carriers - 238 companies, 16,085 emails.

NAICS Code 524113-02 Description (8-Digit)

Insurance-Savings-Bank-Life is a subdivision of Direct Life Insurance Carriers industry that involves providing life insurance policies to individuals and families, with a focus on savings and investment options. This industry offers a range of life insurance products that provide financial security to policyholders and their beneficiaries in the event of death or disability. Insurance-Savings-Bank-Life companies also offer savings and investment options, such as annuities and mutual funds, to help policyholders build wealth over time.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 524113 page

Tools

Tools commonly used in the Insurance-Savings-Bank-Life industry for day-to-day tasks and operations.

  • Actuarial software
  • Underwriting software
  • Policy administration software
  • Customer relationship management (CRM) software
  • Investment management software
  • Risk management software
  • Financial planning software
  • Claims management software
  • Compliance management software
  • Data analytics tools

Industry Examples of Insurance-Savings-Bank-Life

Common products and services typical of NAICS Code 524113-02, illustrating the main business activities and contributions to the market.

  • Term life insurance
  • Whole life insurance
  • Universal life insurance
  • Variable life insurance
  • Annuities
  • Mutual funds
  • Retirement savings plans
  • Education savings plans
  • Disability insurance
  • Long-term care insurance

History

A concise historical narrative of NAICS Code 524113-02 covering global milestones and recent developments within the United States.

  • The Insurance-Savings-Bank-Life industry has a long history dating back to the 18th century when the first life insurance company was established in London. The industry has since grown and evolved, with notable advancements such as the introduction of term life insurance in the mid-20th century and the development of universal life insurance in the 1970s. In the United States, the industry has seen significant growth since the 19th century, with the establishment of major life insurance companies such as MetLife and Prudential. In recent years, the industry has faced challenges such as increased competition from other financial services and changing consumer preferences towards alternative investment options.