NAICS Code 524130-04 - Insurance-Burial

Marketing Level - NAICS 8-Digit

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Total Verified Companies: 45
Contact Emails: 47
Company Websites: 32
Phone Numbers: 45
Business Addresses: 45
Companies with Email: 27
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NAICS CODE 524130-04
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NAICS Code 524130-04 Description (8-Digit)

Insurance-Burial is a subdivision of the NAICS Code 524130 that deals with providing insurance coverage for funeral expenses. This industry involves the provision of financial support to the beneficiaries of the policyholder upon their death, to cover the costs associated with their funeral and burial. Insurance-Burial policies are typically sold to individuals who want to ensure that their loved ones are not burdened with the high costs of a funeral.

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 524130 page

Tools

Tools commonly used in the Insurance-Burial industry for day-to-day tasks and operations.

  • Funeral expense calculator
  • Actuarial tables
  • Underwriting software
  • Policy administration software
  • Claims management software
  • Customer relationship management (CRM) software
  • Risk management software
  • Financial planning software
  • Compliance management software
  • Marketing automation software

Industry Examples of Insurance-Burial

Common products and services typical of NAICS Code 524130-04, illustrating the main business activities and contributions to the market.

  • Funeral insurance
  • Burial insurance
  • Final expense insurance
  • Preneed funeral insurance
  • End-of-life insurance
  • Final arrangements insurance
  • Cremation insurance
  • Memorial insurance
  • Death benefit insurance
  • Funeral prepayment plans

History

A concise historical narrative of NAICS Code 524130-04 covering global milestones and recent developments within the United States.

  • The "Insurance-Burial" industry has a long history dating back to ancient times when burial societies were formed to help members cover the cost of funerals. In the United States, the industry began to take shape in the mid-19th century when fraternal organizations started offering burial insurance to their members. In the early 20th century, commercial insurance companies began to offer burial insurance policies, and by the 1950s, the industry had become well-established. In recent years, the industry has seen a shift towards pre-need funeral planning, where individuals can prepay for their funeral expenses and make arrangements in advance. This has been facilitated by the growth of online platforms that allow consumers to compare prices and services from different funeral homes.