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US Standard Industrial Classification (SIC) Code Lookup

Division: H - Finance, Insurance, and Real Estate

US-SIC Code 6311 - Life Insurance

Industry Description

Establishments primarily engaged in underwriting life insurance. These establishments are operated by enterprises that may be owned by stock-holders, policy holders, or other carriers.

Business Examples

Common types of business activities within US SIC 6311 - Life Insurance are:

  • Assessment life insurance organizations
  • Benevolent insurance associations
  • Burial insurance societies
  • Cooperative life insurance organizations
  • Fraternal life insurance organizations
  • Fraternal protective associations
  • Funeral insurance
  • Insurance carriers, life
  • Legal reserve life insurance
  • Life insurance
  • Life insurance funds, savings bank
  • Life reinsurance
  • Reinsurance carriers, life

IBISWorld Industry Research Report

Life Insurance & Annuities in the US (52411a)

Revenue 2025

$1017.7bn

Growth 2025

1.59%

Key Trends

  • Many companies rely on life insurers for capital and liquidity

  • Ongoing rate hikes increases investor uncertainty

  • Millennials will become a more significant market

Products and Services

US-SIC Hierarchy 6311 - Life Insurance

US-SIC Code 6311 - Life Insurance sits in the 2-digit Life Insurance sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.

Division: H

Division Title: Finance, Insurance, and Real Estate

2 Digits 3 Digits 4 Digits

Extended US-SIC Hierarchy for 6311 - Life Insurance

For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 6311 - Life Insurance. Extended US SIC Codes are being continuously updated to reflect the current business environment.

6 Digit SIC Codes

  • 631101 Insurance-savings-bank-life
  • 631102 Insurance-burial
  • 631103 Insurance-chartered-life-underwriters
  • 631198 Life insurance (underwriters)

8 Digit SIC Codes

  • 63110000 Life insurance
  • 63110100 Mutual association life insurance
  • 63110101 Cooperative life insurance organizations
  • 63110102 Fraternal life insurance organizations
  • 63110103 Fraternal protective associations
  • 63119900 Life insurance, nec
  • 63119901 Assessment life insurance agents
  • 63119902 Benevolent insurance associations
  • 63119903 Burial insurance societies
  • 63119904 Funeral insurance
  • 63119905 Legal reserve life insurance
  • 63119906 Life insurance carriers
  • 63119907 Life insurance funds, savings bank
  • 63119908 Life reinsurance carriers

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US SIC Code Directory

Each US SIC Code is part of a Division, which corresponds with a numerical range. Select a Division category from the table below, then drill down to discover the industries within that Division.

Division US-SIC Code Sector title
A 01-09 Agriculture, Forestry, and Fishing
B 10-14 Mining
C 15-17 Construction
D 20-39 Manufacturing
E 40-49 Transportation, Communications, Electric, Gas, and Sanitary Services
F 50-51 Wholesale Trade
G 52-59 Retail Trade
H 60-67 Finance, Insurance, and Real Estate
I 70-89 Services
J 90-99 Public Administration

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