KBLI 65111—Conventional Life Insurance

Where 65111 sits

1. L Financial and Insurance Activities
2. 65 Insurance, Guarantees, Reinsurance, and Pension Funds, Except Mandatory Social Security
3. 651 Insurance and Guarantee
4. 6511 Life Insurance
5. 65111 Conventional Life Insurance

What 65111 includes

• Conventionally administered life insurance, including the provision of risk management services that provide payments to policyholders, insured persons, or other entitled parties in the event that the insured person dies or remains alive, or other payments to policyholders, insured persons, or other entitled parties at a certain time as stipulated in the agreement, the amount of which has been determined and/or is based on the results of fund management.

65111 in other systems