NAICS Canada 524129—Other direct insurance (except life, health and medical) carriers
Canadian Industry · North American Industry Classification System (Canada) (2022 v1.0)
Where 524129 sits
- 52 Finance and insurance
- 524 Insurance carriers and related activities
- 5241 Insurance carriers
- 52412 Direct insurance (except life, health and medical) carriers
- 524129 Other direct insurance (except life, health and medical) carriers
Description
This Canadian industry comprises establishments, not classified to any other Canadian industry, primarily engaged in underwriting insurance, other than life, health or medical directly to policyholders.
Boiler and machinery insurance provides protection against losses resulting from faulty or malfunctioning machinery, including damage to the insured equipment as well as surrounding buildings and equipment. Surety insurance guarantees that an individual or company will complete work that it has promised to do. Fidelity insurance or fidelity bonds protect organizations against dishonest or fraudulent acts of their employees. Marine and aircraft insurance provides protection for losses to vessels, cargo and liability to passengers.
What 524129 excludes
- General and other reinsurance (see 524139 general and other reinsurance carriers (can))
Example activities
- aircraft insurance
- bank deposit insurance
- boiler insurance
- fidelity insurance
- machinery and equipment insurance
- marine insurance
- share insurance
- workmen's compensation, insurance
- agricultural (i.e., crop and livestock) insurance
- aircraft insurance
- animal insurance
- assessment associations, surety and fidelity insurance
- bank deposit insurance
- bid bond insurance
- boiler insurance
- bonding for guaranteeing job completion
- bonding of employees
- bonding, fidelity or surety
- contact lens insurance
- credit card protection service
- credit insurance
- credit union stabilization funds
- crop insurance
- deposit protection funds