NAICS 524113: Direct Life Insurance Carriers
Direct Life Insurance Carriers is NAICS code 524113. A business is small under it with $47 million or less in average annual receipts. 1 federal contract is open on SAM.gov under this code right now.
- SBA size standard
- $47 million or less in average annual receipts
- Open contracts now
- 1
- Federal spending, FY2025
- $13.1 million
- Share won by small businesses
- 0%
- Small businesses registered
- 133
Open federal contracts for direct life insurance carriers
- Life Insurance Services for Locally Employed Staff
Due in 11 daysOct 15, 2026
What NAICS 524113 covers
The Census Bureau's NAICS index lists these kinds of work under 524113:
- Accidental death and dismemberment insurance carriers, direct
- Accidental death and dismemberment insurance underwriting, direct
- Annuities underwriting
- Cooperative life insurance organizations
- Credit life insurance carriers, direct
- Disability insurance carriers, direct
- Disability insurance underwriting, direct
- Fraternal life insurance organizations
- Insurance carriers, disability, direct
- Insurance underwriting, disability, direct
- Life insurance carriers, direct
- Savings bank life insurance carriers, direct
Read the full definition, including what's excluded, on census.gov.
SBA size standard for 524113
To count as a small business for a contract assigned NAICS 524113, your business must have $47 million or less in average annual receipts. Receipts are averaged over your last five completed fiscal years.
From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.
Who buys direct life insurance carriers
Agencies that awarded the most under NAICS 524113 over the last three fiscal years, per USAspending.gov:
| Agency | Obligated |
|---|---|
| Department of State | $22.3 million |
| Office of the Comptroller of the Currency | $12.8 million |
| Consumer Financial Protection Bureau | $3.6 million |
| Department of the Air Force | $18,060 |
Open notices right now come from Department of State (1).
Set-asides on open 524113 contracts
- No set-aside (full and open): 1
Not sure which set-asides you qualify for? Try the free SBA certification screener, or read set-aside contracts, explained.
Your competition
133 businesses with active SAM.gov registrations are rated small under NAICS 524113, most of them in Florida (20), Georgia (20), Texas (16), New York (6) and Illinois (6). Look any of them up with the free CAGE code and UEI lookup.
Federal spending under 524113 by year
| Fiscal year | Contract obligations |
|---|---|
| FY2024 | $10.5 million |
| FY2025 | $13.1 million |
| FY2026 | $15 million |
| FY2027 (so far) | $0 |
Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.
Related NAICS codes
- 524114 Direct Health and Medical Insurance Carriers
- 524126 Direct Property and Casualty Insurance Carriers
- 524127 Direct Title Insurance Carriers
- 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers
- 524130 Reinsurance Carriers
Frequently asked questions
What is NAICS code 524113?
524113 is the 2022 NAICS code for Direct Life Insurance Carriers. The Census Bureau's index lists work such as accidental death and dismemberment insurance carriers, direct, accidental death and dismemberment insurance underwriting, direct, annuities underwriting under it. Federal contracting uses the 2022 codes.
What is the SBA size standard for NAICS 524113?
$47 million or less in average annual receipts. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.
Are there government contracts for direct life insurance carriers?
Yes. 1 federal contract opportunities under NAICS 524113 are open on SAM.gov right now. Agencies obligated about $13.1 million under this code in fiscal year 2025, according to USAspending.gov.
How do I add NAICS code 524113 to my SAM.gov registration?
Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.
Keep going
- Search other NAICS codes by keyword or company
- How to choose NAICS codes for government contracts
- NAICS codes with the most open federal contracts
FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.