General Liability Class Code 54012

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GL Class Code 54012 - Gemstone Cutting or Polishing

GL Class Code 54012 - Gemstone Cutting or Polishing

Are you searching for the General Liability Class Code 54012 - Gemstone Cutting or Polishing?

Get information about this GL class code and its related North American Industry Classification System (NAICS), National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (SIC) codes.

The General Liability Class Code 54012 - Gemstone Cutting or Polishing. Learn more about GL Code 54012 and it's related NAICS, NCCI and SIC codes.


What Is The Description Of The General Liability Class Code 54012?

The description for GL Class Code 54012 is: Gemstone Cutting or Polishing.


What Are The Related SIC Code(s) for GL Code 54012?

The related SIC Code(s) for General Liability Class Code 54012 - Gemstone Cutting or Polishing is:

Description for 3915 Jewelers' Findings and Materials, and Lapidary Work

Establishments primarily engaged in manufacturing unassembled jewelry parts and stock shop products, such as sheet, wire, and tubing; and establishments of lapidaries primarily engaged in cutting, slabbing, tumbling, carving, engraving, polishing or faceting stones from natural or manmade precious or semiprecious gem raw materials, either for sale or on a contract basis for the trade; in recutting, repolishing, and setting gem stones; or in cutting, drilling, and otherwise preparing jewels for instruments, dies, watches, chronometers, and other industrial uses. This industry includes the drilling, sawing, and peeling of real or cultured pearls. Establishments primarily engaged in manufacturing synthetic stones for gem stones and industrial use are classified in Industry 3299, and those manufacturing artificial pearls are classified in Industry 3961.

  • Diamond cutting and polishing
  • Diamond points for phonograph needles
  • Jewel bearings, synthetic
  • Jewel cutting, drilling, polishing, recutting, or setting
  • Jewel preparing: for instruments, tools, watches, and jewelry
  • Jewelers' findings and materials
  • Jewelry parts, unassembled
  • Jewelry polishing for the trade
  • Jewelry soldering for the trade
  • Lapidary work, contract and other
  • Machine chain, platinum or karat gold
  • Pearls: drilling, sawing or peeling of
  • Pin stems (jewelry findings)
  • Soldering for the jewelry trade
  • Stones: preparation of real and imitation gems for settings

GL Class Code 54012 - The Bottom Line

The General Liability Class Code for Gemstone Cutting or Polishing is 54012.

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Small Business Insurance Articles

Get useful tips and information about how much commercial insurance costs, small business risks and exposures, how insurance regulations effect your businesses' and detailed descriptions of coverages and exclusions and more. Most small businesses need to buy the following four types of insurance at a minimum to cover their operations from every day risks:

Property Insurance: This policy covers a business if the property used in the business is damaged or stolen as the result of common perils like fire or theft. Commercial property insurance covers the buildings, structures and also business personal property - which includes furniture, inventory, raw materials, machinery, computers and other items.

Liability Insurance: Any company can be sued. Slip-and fall lawsuits are very common and be costly. Customers can claim you injured them or damaged their property - and lawsuits are very expensive. Commercial liability insurance pays damages and can include attorney's fees and other legal expenses. It also ca pay for the medical bills of injured third parties

Commercial Auto Insurance: For vehicles owned by the business. Commercial auto insurance pays bodily injury or property damage costs for which the business is found liable - up the the policy limits for liability and property damage.

Workers Compensation Insurance: In almost every state employers must provide workers comp when there are W2 employees. Workers compensation pays for the medical care of employees and can replace a portion of lost wages - regardless of who was at fault for the injuries.