Archived - Standard Industrial Classification - Establishments (SIC-E) 1980
7311 - Life Insurers
Establishments of mutual and stock companies and fraternal benefit societies registered to transact life insurance and annuity business under the Canadian and British Insurance Companies Act, the Foreign Insurance Companies Act, or a corresponding provincial act. These establishments provide two basic services first, protection against financial hardships arising from death or from exhausting financial resources due to a prolonged life span, and second, a means of accumulating savings. Establishments known as accident and sickness branches of life insurers are classified in 7331 - Health Insurers establishments known as segregated funds are classified in 7213 - Segregated Funds and establishments known as investment funds operated by life insurers are classified in 7211 - Investment (Mutual) Funds.
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