Key facts
Code summary
Code 6511
Official title Life insurance
Version PSIC 2019
Source layer PSA / BSP
Parent 651 - Insurance
Fi
PSIC 2019 Navigation-first hub Class 6511 - Life insurance
PSIC Class 6511 covers Life insurance. Current child subclasses include Life Insurance. This four-digit layer is useful when comparing neighboring activities before landing on the five-digit subclass most closely...
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Child codes
These are the next codes most users should open after this hub page.
Nearby codes
About this level
Practical summary
Class 6511 sits in the PSIC 2019 hierarchy under K Financial and Insurance Activities > 65 Insurance, Reinsurance and Pension Funding, except Compulsory Social Security > 651 Insurance. This class usually fans out into more specific subclasses such as Life Insurance. It is the level people use when they already know the activity family but still need the exact five-digit match.
Administrative context
Where this code is used
This class is used when a business can already narrow the activity family and only needs to compare the final subclasses such as Life Insurance. It is the level most often checked before a five-digit decision is finalized.
Selection note
How to choose it
Use this class to choose between its final subclasses such as Life Insurance. If two options look close, compare the exact activity, the outputs and the way the business actually earns revenue.
Official note
Source-backed description
This class includes: Underwriting annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies (with or without a substantial savings element)
FAQ
What does PSIC Class 6511 cover?
PSIC Class 6511 is the four-digit layer that sits just above the final subclasses and usually defines the activity family for Life insurance.
How do I compare Class 6511 with the sibling classes?
Read the neighboring classes and compare the exact wording of the child subclasses. Nearby options include 6512 Non-life insurance.
Why does Class 6511 matter for a filing decision?
It is usually the last broad checkpoint before the five-digit subclass choice, so it is the right place to catch near-miss classifications.