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Group

631 Life Insurance

Australian and New Zealand Standard Industrial Classification (ANZSIC)
Reference period
2006 (Revision 2.0)

This group contains the following ANZSIC class:

Class

6310 Life Insurance

This class consists of units mainly engaged in providing life insurance and life reinsurance covers.

Primary activities

  • Life insurance provision
  • Life reinsurance provision

Exclusions/References

Superannuation funds managed by life insurance companies are included in Class 6330 Superannuation Funds. This exclusion does not relate to statutory funds of life insurance companies for the purpose of conducting superannuation business - such funds are part of the assets of the life insurance companies.

Units mainly engaged in:

  • providing insurance cover for hospital, medical, dental, pharmaceutical or funeral expenses or costs are included in Class 6321 Health Insurance; and
  • providing general insurance cover (except health or life) are included in Class 6322 General Insurance.