SIC Code
8611 - Business Associations

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Standard Industrial Classification Code 8611 - Business Associations

SIC Code 8611 - Business Associations

Are you searching for the SIC Code 8611 - Business Associations?

Get information about this Standard Industrial Classification (SIC) Code and its related General Liability, National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (NAICS) codes.

The SIC Code 8611 - Business Associations. Learn more about the SIC 8611 in the Services sector and its related General Liability, NCCI, and NAICS codes.

What Is The Description Of The SIC Code 8611?

The description for the SIC Code 8611 - Business Associations in the Services sector is:

Membership Organizations Engaged In Promoting The Business Interests Of Their Members. Associations Owned By Their Members But Organized To Perform A Specific Business Function, Such As Common Marketing Of Crops or Joint Advertising, Are Classified According To The Function Performed
  • better Business Bureaus
  • boards Of Trade, Other Than Security and Commodity Exchanges
  • business Associations, Other Than Civic and Social
  • chambers Of Commerce
  • contractor's Associations
  • growers'associations, Not Engaged In Contract Buying or Selling
  • growers'marketing Advisory Services
  • industrial Standards Committees
  • junior Chambers Of Commerce
  • manufacturers'institutes
  • merchants'associations, Not Engaged In Credit Investigations
  • public Utility Associations
  • real Estate Boards
  • shipping and Steamship Company Associations
  • trade Associations

SIC Code 8611 - The Bottom Line

The Standard Industrial Classification SIC Code for Business Associations in the Services is 8611.

More Helpful Commercial Insurance Articles

Read other informative articles on small business commercial insurance including costs and coverages.

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.