Direct Life Insurance Carriers — NAICS 524113
Browse federal contract opportunities classified under NAICS code 524113 (Direct Life Insurance Carriers). Find active solicitations on SAM.gov, understand size standards, and discover set-aside opportunities for your business.
About NAICS 524113
Direct Life Insurance Carriers. This industry falls under the Finance and Insurance sector (NAICS codes beginning with 52).
Federal agencies use NAICS code 524113 when posting contract opportunities on SAM.gov to classify the type of work being solicited. Businesses that operate in the direct life insurance carriers space should include this code in their SAM.gov registration and capability statements to ensure they appear in relevant searches.
How to Use NAICS 524113 in Federal Contracting
To compete for federal contracts under NAICS 524113, your business should be registered in SAM.gov with this NAICS code listed in your entity profile. When agencies post solicitations for direct life insurance carriers work, they reference this code to determine the applicable small business size standard and any set-aside eligibility.
If you hold certifications such as 8(a), HUBZone, SDVOSB, or WOSB, you may be eligible for set-aside contracts under this NAICS code. These set-asides limit competition to certified small businesses, giving you a significant advantage in winning federal work.
FedOverwatch monitors SAM.gov daily and can automatically match you with new opportunities under NAICS 524113. Set up your profile with your NAICS codes and certifications to receive personalized contract alerts.
NAICS 524113 Market Intelligence
Based on 3 years of federal award data from USAspending.gov, the direct life insurance carriers market has seen 345 contract awards totaling $35.3M in value. The median contract size is $23K, with approximately 10 new awards per month.
Total Awards (3yr)
345
Total Value
$35.3M
Median Contract
$23K
Competitors
20
Contract value distribution
20 companies compete for NAICS 524113 contracts
See who's winning, their award values, and where you fit in the market
Explore CompetitorsSize Standards
The SBA establishes size standards for each NAICS code to define what qualifies as a "small business" for federal contracting purposes. For NAICS 524113 (Direct Life Insurance Carriers), the size standard is based on either average annual receipts or number of employees, depending on the specific industry. Meeting the size standard for your primary NAICS code is required to qualify for small business set-aside contracts.
Visit the SBA Size Standards Table to find the current threshold for NAICS 524113.
Recent NAICS 524113 Opportunities
View all →The Department of State is procuring locally employed staff life insurance coverage for the U.S. Embassy in Baku, Azerbaijan, for the period of 2026 to 2031. Offerors are encouraged to propose off-the-shelf plans that meet minimum benefit levels, and the contract will be awarded to the lowest priced acceptable offer. A pre-proposal conference will be held on May 21, 2026, and proposals are due by June 15, 2026.
The U.S. Department of State is procuring local employee life insurance coverage for staff in Baku, Azerbaijan, for the period 2026–2031, requiring comprehensive death benefit protection, claims administration, and compliance with U.S. government insurance standards for overseas personnel.
The Department of State is procuring group life insurance services to provide coverage for its employees and possibly eligible family members, requiring comprehensive benefits, competitive pricing, and reliable claims administration.
Frequently Asked Questions
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Set up your profile with your NAICS codes and certifications, and FedOverwatch will automatically match you with relevant direct life insurance carriers opportunities as they're posted on SAM.gov.