7131 Life insurance and pension services (excluding reinsurance services)

**Includes:** - underwriting services of insurance policies which provide for the payment of claims to beneficiaries contingent upon the death of the insured individual or upon the maturation of the policy. Policies may provide pure protection or may also contain a savings component. Policies may cover individuals or members of groups. **Excludes:** - accidental death insurance services, cf. 71321

**Includes:** - underwriting services of annuities, i.e. plans which provide income payments at regular intervals to individuals. Plans may require a single contribution or a series of contributions; may be compulsory or optional; may have nominal benefits determined in advance or dependent on the market value of aspects supporting the plan; and, if related to employment, may or may not be portable with a change in employment. The duration of the period during which benefits are paid may be fixed in terms of a minimum or maximum; there may or may not be survivors' benefits. **Excludes:** - portfolio management services (except pension funds), cf. 71530 - trust services, cf. 71541 - pension fund management services, cf. 71640 - pension fund administration, cf. 71690

**Includes:** - underwriting services of plans which provide income payments at regular intervals to members of groups. Plans may require a single contribution or a series of contributions; may be compulsory or optional; may have nominal benefits determined in advance or dependent on the market value of assets supporting the plan; and, if related to employment, may or may not be portable with a change in employment. The duration of the period during which benefits are paid may be fixed in terms of a minimum or maximum; there may or may not be survivors' benefits. **Excludes:** - portfolio management services (except pension funds), cf. 71530 - trust services, cf. 71541 - pension fund management services, cf. 71640 - pension fund administration, cf. 71690