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CPCU 551: Managing Commercial Property Risk

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Overview Skills You’ll Gain Exam Prep Tools FAQs
Overview

Overview

Learn how to think critically about commercial property loss exposures so you can confidently develop and recommend the right solutions for your customers. After completing CPCU 551, you'll gain skills to manage commercial property risks, examine and apply building and personal property coverage, determine extensions, manage disaster and unique losses, mitigate crime losses, and more.

6-8 WEEKS
Leadership

Skills You’ll Gain

checkmark Confidently explain commercial property coverage benefits so customers feel taken care of by the coverage you recommended

checkmark Identify building and personal property coverage gaps and recommend the right solutions to fill those gaps

checkmark Help customers understand the benefits of business income coverage so they can minimize disruptions after a loss or disaster

checkmark Apply critical thinking skills so you can recommend the most appropriate risk management solutions for customers’ property loss exposures

Ready-Made Career Skills:

  • Disaster Risk Reduction
  • Small Business Insurance
  • Commercial Insurance
  • Business Decision Making
  • Risk Management
  • Risk Analysis
  • Critical Thinking

Assignments

Assignment 1:
Assessing the Need for Commercial Property Products
45 Minutes
Assignment 2:
Recommending Building and Personal Property Coverage
65 Minutes
Assignment 3:
Surviving Income Losses
55 Minutes
Assignment 4:
Tailoring Commercial Coverage
45 Minutes
Assignment 5:
Closing Coverage Gaps
40 Minutes
Assignment 6:
Protecting Property in Transit
30 Minutes
Assignment 7:
Thinking Critically About Commercial Property Loss Exposures
45 Minutes
Study Plan

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.
  • AI Learning Support: Get help when you need it with an AI-powered tool built directly into your course. Ask questions, get explanations, and stay focused as you work through core topics. 
  • Mobile App with Audio: A flexible and convenient way to assess your understanding anytime, anywhere, and includes audio versions of your course material.
  • 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.

Try CPCU For Free!

Sample the CPCU designation in just 30-60 minutes to make sure it’s the right fit for you!

FAQ

FAQs

  1. Does this course give me credit toward The Institutes Designations?
    • Yes! CPCU 551 gives you credit toward the CPCU and Associate in Commercial Underwriting (AU) designations. See the full list of designations that CPCU courses can give you credit toward.
  2. How long does the course take?
    • CPCU 551 typically takes students 6-8 weeks to complete.
  3. 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.
  4. 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.