SIC Code 6726-01 - Insurance Annuities
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SIC Code 6726-01 Description (6-Digit)
Insurance annuities is an industry that involves the sale of financial products that provide a steady stream of income to individuals in retirement. An annuity is a contract between an individual and an insurance company, where the individual pays a lump sum or a series of payments to the insurance company in exchange for a guaranteed income stream for a set period of time or for the rest of their life. Insurance annuities are designed to provide individuals with a reliable source of income during their retirement years, and can be customized to meet the specific needs of each individual.
Hierarchy Navigation for SIC 6-Digit Code 6726-01
Parent Code (less specific)
Tools
- Actuarial software
- Annuity calculators
- Underwriting software
- Risk management software
- Investment management software
- Customer relationship management (CRM) software
- Compliance software
- Financial planning software
- Portfolio management software
- Retirement planning software
Industry Examples of Insurance Annuities
- Fixed annuities
- Variable annuities
- Immediate annuities
- Deferred annuities
- Indexed annuities
- Single premium annuities
- Multiyear guarantee annuities
- Qualified longevity annuity contracts (QLACs)
- Structured settlement annuities
- Charitable gift annuities
SIC Code 6726-01 - Insurance Annuities
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