What SIC Code Does a Insurance brokerage (Short-term & Life) Use in South Africa?
In South Africa, a Insurance brokerage (Short-term & Life) is officially classified under SIC 7 Subclass 66220 (Activities of insurance agents and brokers), located within Division 66 and Section K.
Primary SIC 7
Industry Sector
Official StatsSA Title
Activities of insurance agents and brokers
Confidence Rating
High (Stats SA SIC 7 Verified)
Economic Activity & Services Covered
Intermediary risk assessment, sourcing competitive insurance quotes, policy structuring, and claims advocacy for commercial and personal assets.
Why This SIC Code Applies
SIC 66220 is the official code for activities of insurance agents and brokers.
Exceptions & When Another SIC Code Applies
For insurance underwriting companies providing the actual insurance balance sheet capital, use SIC 65120.
Related SIC Codes for This Business Sector
If your enterprise operates combined or adjacent commercial activities, check these related classifications:
| SIC Code | Official Activity Title | Action |
|---|---|---|
| 66220 | Activities of insurance agents and brokers | View Details → |
| 65120 | Non-life insurance | View Details → |
| 66190 | Other activities auxiliary to financial service activities | View Details → |
Common Business Search Aliases & Subtypes
In South Africa, the following commercial trade terms and subtypes share this central classification:
Official Registration & Compliance Note
When registering your company with the Companies and Intellectual Property Commission (CIPC), filing annual tax returns with the South African Revenue Service (SARS), or submitting Workplace Skills Plans (WSP) to your designated SETA, reference code 66220 as your primary activity code.