achievementadvance-careeralert-bluealert-grayalert-redalert-whitealertarchery-boardarrow-downarrow-rightarrow-uparrows-clock-flatarrows-clockbeginblue-trophybriefcase-flatcalendar-clockcalendarcart-iconWhat You Walk Away Withceucheckchecklistcheckmarkchevron-down-graychevron-down-whitechevron-downchevron-left-thinchevron-leftchevron-right-thinchevron-rightchevron-upclipboard-clockclosecompleted-ribbon-flatcompleted-ribboncompletion-time-flatcompletion-timecourse-time-flatcustomerdesktopexpandfree-course-flatfree-courselevel-flatlevellight-bulb-flatlive-courselivemap-markernotificationonline-courseonline-learning-grayonline-learningpdfphoneplay-buttonpluspreorderpricingquote-close-darkquote-closequote-open-darkquote-openrocket-flatrocket-uprole-agents-brokersrole-claimsrole-customer-servicerole-data-scientistsrole-risk-managementrole-underwritingsearch-barsearchskills-flatskillsstarstopwatch-flatstopwatchtarget-flattimertool-tiptrophy-flattrusted-flattrustedvertical-certificatevirtual_certificate_flatvirtual-exam-grayweight-balance

CPCU 556: Planning Personal Financial Strategies

Add to Cart

Image

Overview

Give the best answer to your customer’s personal finance question and recommend financial planning solutions at critical stages of an individual’s life. By completing CPCU 556, you’ll gain skills in life insurance and annuities, disability and health insurance, investment strategies, funding retirement, and more.

6-8 WEEKS
Strategic
Skills You’ll Gain

checkmark Help customers choose the best investment and retirement strategies for them so they feel prepared for the future

checkmark Recommend solutions for each step of the personal financial planning process so customers have confidence that you're recommending the right coverage for them

checkmark Clearly explain life insurance and postsecondary education options so customers can set their children up for success

Ready-Made Resume Skills:

  • Personal Financial Planning
  • Life Insurance
  • Disability Insurance
  • Estate Planning
  • Investment Strategies
  • Retirement Planning

Assignments

Assignment 1:
Understanding Personal Financial Planning
40 Minutes
Assignment 2:
Recommending Life Insurance and Annuities
50 Minutes
Assignment 3:
Maximizing Disability and Health Insurance
40 Minutes
Assignment 4:
Evaluating Investment Strategies
50 Minutes
Assignment 5:
Funding Postsecondary Education
50 Minutes
Assignment 6:
Funding Retirement
50 Minutes
Assignment 7:
Establishing an Estate Plan
40 Minutes
Assignment 8:
Planning for Taxes
60 Minutes
Study Plan

Exam Prep Tools

CPCU 556 comes with proven, comprehensive study materials to help you pass your exam with confidence:

  1. 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! 
  2. 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. 
  3. Discussion Boards: Better 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.
  4. Flashcards: Test yourself on key terms with flashcards that help you fit studying into your busy schedule. 

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 a designation?
    • Yes! CPCU 556 gives you credit toward the CPCU and Associate in Personal Insurance (API) designations.
  2. How long does the course take?
    • CPCU 556 typically takes students 6-8 weeks to complete.
  3. How is the 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 assignment quizzes, practice exams, discussion boards, and a simulated credentialing exam. Depending on the package you choose, you may receive a printed course book as well. 
  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