524113 — Direct Life Insurance Carriers
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 (as defined in the official U.S. Census Bureau 2022 NAICS Manual).
Overview Facts
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 6311 - Life Insurance (via SIC1987:6311→NAICS1997:524113→2002:524113→2007:524113→2012:524113→2017:524113→2022:524113)
- SIC 6321 - Accident and Health Insurance (via SIC1987:6321→NAICS1997:524113→2002:524113→2007:524113→2012:524113→2017:524113→2022:524113)
Suggested Product Service Codes (Advisory)
The following Product Service Codes (PSCs) are advisory suggestions aligned with this NAICS code. Note: NAICS and PSC codes map to different dimensions of procurement (industry vs. product/service). There is no official binding 1:1 crosswalk.
- PSC R710 — Financial Services (includes credit card services and any other financial services. See revision to description for code R703 above)
Source: DoD DPCAP PSC Selection Tool (Ingested: 2026-06-29)
Frequently Asked Questions (FAQ)
Is NAICS code 524113 valid in 2022? ▾
Yes, 524113 is a valid 6-digit 2022 NAICS national industry code representing 'Direct Life Insurance Carriers' under Sector 52 in the official classification index.
What is the SBA size standard for NAICS code 524113? ▾
The Small Business Administration (SBA) has established a small business size standard of $47,000,000 for NAICS code 524113 (Direct Life Insurance Carriers), calculated based on receipts.
What is the legacy SIC equivalent for NAICS 524113? ▾
According to official Census Bureau concordance tables, NAICS code 524113 (Direct Life Insurance Carriers) maps to legacy 1987 Standard Industrial Classification (SIC) codes: 6311 - Life Insurance, 6321 - Accident and Health Insurance.
Related Pages & Tools
Further regulatory reference links for NAICS code 524113:
- Sector 52 Directory Hub — List of related industries in the Finance and Insurance sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- NAICS 524113 to SIC Crosswalk — Bidirectional mapping to legacy SIC codes (Direct Life Insurance Carriers).
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.