REDIRECT – The Institutes Provides Summary of Changes to CPCU 500 (3rd Edition)

REDIRECT – The Institutes Provides Summary of Changes to CPCU 500 (3rd Edition)

by | Apr 3, 2018 | Announcements, CPCU 500

Update: A detailed list of changes to CPCU 500 is now available here.

Additional information has been made available regarding The Institutes™’ upcoming changes to the CPCU 500 course. As mentioned in a previous blog post, The Institutes’ confirmed that one of the courses they would be updating this month was CPCU 500 – Foundations of Risk Management & Insurance™. According to Kirstie S. Fellenbaum, Senior Customer Success Specialist & Course Sponsor Coordinator for The Institutes™, the changes have now been finalized.

The new third edition textbook will include updates relating to the below topics (for your ease of reference, we have also indicated which chapters these topics are currently covered in within the second edition textbook):

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CPCU 540 Fundamentals: Policyholders Surplus

CPCU 540 Fundamentals: Policyholders Surplus

by | Apr 2, 2018 | CPCU 520, CPCU 540

In this part of our three-post CPCU® 540 Fundamentals series, we will delve into one of the most important insurance-related financial concept: policyholders surplus. Because this concept comes up so often through the entire course, you are much better off if you go into your studies already having a basic understanding of what the policyholders surplus is.

To improve your understanding of this discussion, we recommend that you read our other lesson about the accounting equation before diving into this one.

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CPCU 540 Fundamentals: The Accounting Equation

CPCU 540 Fundamentals: The Accounting Equation

by | Mar 27, 2018 | CPCU 540

In CPCU 540, there are several concepts that are referred to right from the start and continue to appear repeatedly throughout the textbook, but for some reason, The Institutes’ course does not immediately define these concepts nor does it provide a thorough explanation of them. Understanding these concepts well will make a huge difference in your ability to grasp the CPCU 540 content, so we created our 3-part CPCU® 540 Fundamentals series to provide the introductory lessons you need.

Before you even crack open the textbook, start by learning these foundation concepts to get a leg up on mastering the content in CPCU 540. The very first thing you’ll want to learn is the accounting equation.

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The Accounting Equation

All aspects of accounting are based around the accounting equation. Very simply, the equation is as follows:

ASSETS = LIABILITIES + EQUITY

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CPCU & AINS Benefits that Your Employer Might Have To Offer

CPCU & AINS Benefits that Your Employer Might Have To Offer

by | Mar 6, 2018 | Announcements, Study Tips

Many insurance companies provide incentives to encourage their employees to pursue the CPCU® and AINS® designations. For companies that don’t, their employees don’t have to assume that their workplace is not willing to provide support in some way. In this post, we’ll talk about how to ensure that you are utilizing all the CPCU or AINS benefits your workplace has to offer, and how to ask your employer to consider providing benefits if they don’t already do so.

Topics covered:

  • Find out if your company covers more than just exam fees & textbooks
  • Tap into non-financial CPCU and AINS resources that your company may offer
  • Get a CPCU Presidential Scholarship with the help of your workplace
  • How to ask your workplace to cover your expenses if they don’t already offer it as an employee benefit

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