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AFSB 153: Mastering Commercial Surety Bonding and Crime Insurance

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Become proficient in handling the various categories of commercial surety bonds, as well as fidelity and crime insurance. Through this course you’ll acquire a thorough grasp of the overall commercial surety landscape, license and permit bonds, public official bonds, judicial and admiralty bonds, fiduciary bonds, other miscellaneous bonds, and fidelity and crime coverages. 


Skills You’ll Gain

checkmark Understand the various types of commercial surety bonds so that you can serve a wider range of customers and stand out from the competition.

checkmark Gain a strong foundational knowledge of fidelity and crime coverage so that you can help customers fill key coverage gaps.

checkmark Master the key underwriting considerations for fidelity and crime coverages so that you can improve risk selection and profitability.

checkmark Leverage your knowledge of commercial surety bond claims handling to fulfill bond obligations and maintain strong customer relationships. 

Ready-Made Career Skills:

  • Surety Bonds
  • Fidelity Bonds
  • Risk Assessment
  • Customer Relations
  • Fiduciary Services
  • Claims Handling
  • Underwriting


Assignment 1:
Commercial Surety Overview
20 Minutes
Assignment 2:
License and Permit Bonds, Part 1
30 Minutes
Assignment 3:
License and Permit Bonds, Part 2
25 Minutes
Assignment 4:
Public Official Bonds
25 Minutes
Assignment 5:
Judicial Bonds and Admiralty Bonds
30 Minutes
Assignment 6:
Fiduciary Bonds
40 Minutes
Assignment 7:
Miscellaneous Bonds
15 Minutes
Assignment 8:
Fidelity and Crime Coverages
35 Minutes
Assignment 9:
Fidelity and Crime Underwriting and Risk Control
30 Minutes
Study Plan

Exam Prep Tools

AFSB 153 comes with proven, comprehensive study materials to help you pass The Institutes Designations' exam with confidence: 

  1. Online Course and Textbook: Learn in the format that works best for you with a variety of study options depending on the course package you choose.  
  2. Practice Quizzes: Quickly see where your knowledge gaps are with online practice quizzes for each assignment and for the full course. You can take them as many times as you want!  
  3. Simulated Exam: Designed to give you the full experience of your final exam, the simulated exam is a timed exam that you can take only once. It mimics the exam structure and level of questions you’ll find on the actual exam. Students who take their Institutes simulated exam pass their exams at higher rates than students who don’t. 
  4. Flashcards: Test yourself on key terms and topics for each assignment with flashcards that help you fit studying into your busy schedule if you select the recommended or standard course package. 


  1. Does this course give me credit toward The Institutes Designations? 
    • Yes! AFSB 153 gives you credit toward the Associate in Fidelity and Surety Bonding (AFSB®) designation.  
  2. How long does the course take? 
    • AFSB 153 typically takes students 6-8 weeks to complete. 
  3. How is The Institutes Designations' exam structured? 
    • Virtual exams are timed. You will have 65 minutes to complete 50 questions. 
  4. What’s included in my course materials? 
    • In addition to the online course, you have access to a textbook, assignment quizzes, practice exams, a simulated exam, and flashcards depending on the course package you choose. 
  5. How do testing windows work? 
    • We offer exams in 4 testing windows throughout the year. You can complete your exam at any time in the testing window that you registered for. Access your exam from your account when the window opens and complete any time until 11:59 p.m. ET on the final day of the window. 
      • Quarter 1: January 15 – March 15 
      • Quarter 2: April 15 – June 15 
      • Quarter 3: July 15 – September 15 
      • Quarter 4: October 15 – December 15