Course offered by
The Institutes Knowledge Group
CPCU 555: Advancing Personal Insurance Products
Overview
Gain the skills you need to clearly explain and recommend personal insurance options to customers. After completing CPCU 555, you’ll be able to analyze home and personal auto loss exposures, identify life and health insurance gaps for customers, recommend personal investment strategies, and more.
Skills You’ll Gain
Analyze personal auto and homeowners’ loss exposures so you can choose the best risk management techniques for your customers
Help homeowners understand what their liabilities are and recommend coverage to best manage them
Confidently explain auto and residential property coverage benefits so customers feel taken care of by the coverage you recommend
Assess individual financial needs of your customers to help safeguard their financial future
Ready-Made Career Skills:
- Personal Insurance
- Personal Lines Auto
- Homeowners Insurance
- Risk Management
- Risk Analysis
- Critical Thinking
- Problem Solving
- Life Insurance
Assignments
Assignment 1:
Protecting Homes With Insurance
55 Minutes
Assignment 2:
Managing Personal Liability Exposures
40 Minutes
Assignment 3:
Meeting Personal Auto Coverage Needs
1 Hour 30 Minutes
Assignment 4:
Providing Unique Personal Coverages
30 Minutes
Assignment 5:
Recommending Personal Investment Strategies
45 Minutes
Assignment 6:
Analyzing Life and Health Insurance Options
35 Minutes
Exam Prep Tools
CPCU 555 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.
- Printable Study Outline: Perfect for taking notes, the printable study outline has key points for each assignment and review questions (and answers!) to help you test your knowledge as you move through the course.
- QuizMe App: A flexible and convenient way for you to take practice quizzes anytime, anywhere.
- Practice Quizzes: Quickly see where your knowledge gaps are with online practice quizzes for each assignment and for the full course. Plus, you can take them as many times as you want.
- 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.
- Discussion Boards: Understand how concepts you're learning apply to real-life, professional experiences by connecting, gaining tips, and sharing best practices with other individuals in your field.
- Flashcards: Test yourself on key terms with printable flashcards to help you fit studying into your busy schedule.
Try CPCU For Free!
CPCU Sample Course
Try CPCU for free with this sample course. You’ll start developing the leadership skills you need to maximize the insurance value chain in areas such as risk management, insurer operations, critical thinking, and data literacy so you can create a competitive edge for your organization.
- Topics
-
- Building Your Foundation
- Risk Management and Insurance in Action
- The Vital Role of Risk Management and Insurance
- The Evolving Insurance Industry
- Solving Business Problems with Critical Thinking
- The Effect of Data Analytics on the Insurance Value Chain
- Innovating Across the Insurance Value Chain
- Average Completion Time
- 30-60 Minutes
FAQs
- Does this course give me credit toward The Institutes Designations? Yes! CPCU 555 gives you credit toward the CPCU and Associate in Personal Insurance (API) designations.
- How long does the course take? CPCU 555 typically takes students 6-8 weeks to complete.
- How is The Institutes Designations' exam structured? You will have 65 minutes to complete 50 questions, and your exam will be virtually proctored. Visit the Virtual Exam Proctoring page to learn how it works, common FAQs, technical requirements, and more.
- What’s included in my course materials? The recommended course package includes the online course, a printed course book, a printable study outline, as well as assignment quizzes, QuizMe app, practice exams, a simulated credentialing exam, flashcards, and discussion boards. The online only package contains all of the same study tools except the printed course book.
- How do testing windows work? We offer The Institutes Designations' 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
*Exam windows that close on a weekend will be extended to the following business day.