41. The output of auxiliary insurance services is valued on the basis of the fees or commissions charged. In the case of non-profit institutions operating as business associations for insurance enterprises and pension funds, their output is valued by the amounts of subscriptions paid by the members of the associations. This output is used as intermediate consumption by the members of the associations.
Institutional units principally engaged in auxiliary insurance activities are classified in S.124, 'Financial auxiliaries'. The activity classification according to NACE rev. 1 is class 67.20, 'Activities auxiliary to insurance and pension funding'.