Definition: InsuranceNAICSCode is a 10-digit code for a company's foreign insurance operations, usually used by international insurance companies in order to list their activities on a national level. This code is often used as a part of their corporate identity or as a way to differentiate between different countries in which the company operates. The term "insurance naics code" refers to the specific number that describes a particular category of an insurance business, such as a single line insurance product, a group life and health insurance policy, or a car accident insurance. This code is used by international companies to list their operations on a national level, which allows them to operate in various countries with different regulations. The exact definition of "insurance naics code" can vary depending on the specific context and industry. However, it generally refers to the number that appears at the end of an insurance policy or company's ID card when you present your identity. This code is often used by international companies for business transactions and to demonstrate their operations on a national level.
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