Course offered by
The Institutes Knowledge Group
AFSB 153: Mastering Commercial Surety Bonding and Crime Insurance
Overview
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
Understand the various types of commercial surety bonds so that you can serve a wider range of customers and stand out from the competition.
Gain a strong foundational knowledge of fidelity and crime coverage so that you can help customers fill key coverage gaps.
Master the key underwriting considerations for fidelity and crime coverages so that you can improve risk selection and profitability.
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
Assignments
Exam Prep Tools
This course comes with proven, comprehensive study materials to help you take The Institutes Designations' exam with confidence:
- Online Course and Printed Course Book: Learn in the format that works best for you, depending on the course package you choose.
- Mobile App: A flexible and convenient way for you to assess your understanding anytime, anywhere.
- Practice Questions: Test your understanding throughout the course with knowledge checks and exam practice questions designed to reinforce key concepts, identify areas for review, and help you prepare with confidence.
- Simulated Exam: Strengthen your readiness using a timed exam that mirrors the structure and difficulty of the actual exam. Students who complete the simulated exam pass at higher rates than those who don't.
- Study Outlines: Reinforce your learning with study outlines designed to help you take notes and review the material as you progress through the course, with the option to print.
- Resources: Take advantage of optional learning resources to reinforce your understanding and support your personal study routine.
FAQs
- 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.
- How long does the course take?
- AFSB 153 typically takes students 6-8 weeks to complete.
- How is The Institutes Designations' exam structured?
- Virtual exams are timed. You will have 65 minutes to complete 50 questions.
- 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
- 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.
*Exam windows that close on a weekend will be extended to the following business day.