North American Product Classification System (NAPCS) Canada 2017 Version 1.0

763 - Other insurance services

This group comprises health and accident insurance products; vehicle and property insurance products; other non-life insurance products; reinsurance products; and insurance brokerage and other services related to insurance.

76314 - Other non-life insurance products

This class comprises surety bonds and related products; other liability insurance products; and other direct insurance products.

763141 - Surety bonds and related products

This subclass comprises the sale of surety and related products, in which one party guarantees the performance of a second party vis-à-vis another, thereby establishing a three-party relationship. The three parties are the principal (the party that undertakes the obligation), the surety (the party that guarantees that the obligation will be performed), and the obligee (the party that receives the benefit of the bond if the principal fails to meet the obligation).

763142 - Other liability insurance products

This subclass comprises underwriting insurance policies that insure against financial loss arising from legal liability.

763143 - Other direct insurance products

This subclass comprises travel insurance products, and other miscellaneous direct insurance products.