PSIC 2019 · Class

Life insurance

Open to 100%

This class covers the underwriting of various types of life insurance and related policies.

Includes

Underwriting annuities and life insurance policies
Disability income insurance policies
Accidental death and dismemberment insurance policies (with or without a substantial savings element)

Choose your sub-class1

The foreign-ownership rule, capital, licenses, and setup route are shown on each specific sub-class. Pick the one that matches your activity.

65110Life insurance

Details

Level: Class
Section: K Financial And Insurance Activities
Parent: 651

Sector statistics

Employed persons: 618.4K persons(May 2026)

Whole PSIC section K (not specific to this code). Source: PSA Labor Force Survey, May 2026.

Industry size

Establishments: 1,830(2022)
Employment: 24,383 persons(2022)
Revenue: ~₱466.8B(2022)

Figures are for PSIC group 651 (the nearest level PSA surveys), not this specific code. Source: PSA OpenStat, Annual Survey of Philippine Business and Industry (ASPBI), 2022. Revenue figures are approximate.

Guides from Emerhub

Set up in the Philippines

Emerhub runs the SEC and BIR filings for a foreign-owned corporation, a local corporation with structured control, employer of record, or product holding, whichever fits PSIC 6511.