REDIRECT – Our CPCU 410 online course is here!

REDIRECT – Our CPCU 410 online course is here!

Our highly-anticipated CPCU® 410 online course is finally here! If you’re gearing up to take on CPCU 410: Speaking the Insurance Language, our online course has everything you need to ace your exam!

 

CPCU 410 online course small

NOTE: The Institutes no longer offers the CPCU 410 course/exam.

CPCU 410 Study Materials

NOTE: The Institutes will be retiring CPCU 410 later this year. Students who wish to earn credit for CPCU 410 must pass their exam on or before December 15, 2023. To learn more about how the upcoming program changes may affect you, click here.

  • Based on CPCU 410: Speaking the Insurance Language [1st edition]
  • All products are provided digitally after purchase is completed:
    • Online study program: Gain instant access via online log-in
    • Study guide only: Delivered via separate email as downloadable PDF
  • For buyer's personal use only (non-transferrable and not for resale)

We’ve loaded our online course with tons of content to help you grasp all the tricky concepts:

Online Video Lessons (with captions and full transcripts): CPCU 410 is a course that is best learned with visual aids. We show you how concepts work, and work out the various word problems you’ll encounter step-by-step, with helpful annotations and tips for avoiding the most common mistakes. If you prefer to read the content, our platform displays captions and full, searchable transcripts.

Streaming Audio Option: If you prefer to learn on the go, our streaming audio option lets you listen to the lectures while you commute, workout, or otherwise have time to listen in.

Study Guide Outlines: Our famous study guides condense each chapter to several pages of key terms, major concepts, and other important lists of information. The clean outline format makes it easy to see how the details presented are related to each other.

Foundational Finance Lessons: We have included lessons on topics that we think you should understand before you start reading your textbook. These lessons cover topics that are referred to all thorough the book from start to finish, but aren’t explained well right off the bat. If you don’t know these concepts upfront, you might not fully grasp what is being said every time the textbook makes mention of them. We help you solve that problem by teaching you these concepts right upfront.

Help with Formulas: CPCU 410 has a good number of formulas that aren’t provided for you on the exam. Our e-bundle includes a number of tools to help you:

  • Formulas Module, that explains each formula in detail
  • Convenient, quick reference sheets that list out the formulas
  • “How to Memorize CPCU Formulas” handout, outlining a method that allows you to create a cheat sheet for yourself on test day.

How to Solve GAAP Problems: One of the trickiest elements of the CPCU 410 test is understanding how to read GAAP statements and draw conclusions. Because what constitutes “good financial results” is relative depending on the company and their situation, there aren’t that many hard and fast rules about what to look for. We compiled a list of tips on how to navigate solving GAAP problems, and give examples for you to see how those tips apply.

Practice Problems: The old saying “practice makes perfect” is absolutely true when it comes to CPCU math problems, so we have a whole bunch of extra problems for you to practice on. We even included walk-throughs for all the variations of the cash flow valuation problems, which provide detailed walkthroughs plus button sequences for the HP 10bII calculator and the TI BAII calculator.

Chapter quizzes: Reinforce your understanding by taking the practice quiz that comes at the end of each chapter.

Full-length practice exam: Our final exam draws on the content from every chapter, so you can get a sense of what it’s like to be tested on everything at once.

Get your CPCU 410 study materials NOW!

NOTE: The Institutes will be retiring CPCU 410 later this year. Students who wish to earn credit for CPCU 410 must pass their exam on or before December 15, 2023. To learn more about how all the upcoming program changes may affect you, click here.

 

Why our study programs work

Many companies offer study materials for the AINS & CPCU designations, but here is why our study programs stand out:

See concepts in action

You will be tested on your ability to apply the concepts to different situations, so we provide plenty of examples to show you how things work.

Less is not always more

Some things won't make sense until you have enough background info. We give extra context where you'd need it to fully grasp the material.

Easy to review

Besides learning the content, you have to remember it all. Our paid study programs include our famous study guides that make it super easy to refresh your memory.

Get your CPCU 410 study materials NOW!

NOTE: The Institutes will be retiring CPCU 410 later this year. Students who wish to earn credit for CPCU 410 must pass their exam on or before December 15, 2023. To learn more about how all the upcoming program changes may affect you, click here.

Disclaimers: The Institutes, CPCU®, and AINS® are trademarks of the American Institute For Chartered Property Casualty Underwriters, d/b/a The Institutes. InsuranceExamGuides.com is not affiliated or associated with The Institutes in any way, and The Institutes do not endorse, approve, support, or otherwise recognize InsuranceExamGuides.com or its products or services. CPCU® and AINS® are registered trademarks of The Institutes. All rights reserved.

REDIRECT – Our CPCU 410 online course is here!

Ultimate Guide to CPCU 410

NOTE: The Institutes no longer offers the CPCU 410 course/exam.

If you’re wondering what the CPCU 410 course is about, you’ve come to the right place! Read on to find out what topics it covers and how it compares to the traditional core CPCU classes that it replaces.

What is in this post

 

What is CPCU 410?

CPCU 410: Speaking the Insurance Language is a course that used to be required for the ARM to CPCU path. The Institutes has since retired this course and no longer offer this course/exam.

What topics were covered in CPCU 410?

CPCU 410 was basically a selection of topics from CPCU 520, CPCU 530, and CPCU 540. We previously did a side-by-side comparison with the old version of the core classes, and the 410 content was almost identical to the content for the same corresponding chapters in the old versions of the core courses, word for word. Here is a more specific list of the topics covered:

From CPCU 520 (insurance operations):

  • Overview of insurance companies
    • Main goals of insurance companies
    • Ways to classify insurance companies
    • How to measure an insurer’s performance
    • Functional view of insurance (brief overview of each department)
    • Technology & insurance operations
  • Underwriting process
  • Claim handling process
  • Actuarial functions
  • Risk control functions
  • Premium auditing process
  • Reinsurance functions

From CPCU 530 (business law):

  • Contract law
  • Sales contracts
  • Consumer laws
  • Personal property law
  • Real property law
  • Defenses against negligence
  • Intentional torts
  • Product liability
  • Data-related laws
  • Tort concepts
  • Producer law
  • Employment-related laws

From CPCU 540 (finance and accounting):

  • GAAP balance sheet
  • GAAP income statement
  • GAAP analyses
  • Time value of money
  • Financial markets & intermediaries
  • Types of financial risk
  • Bonds
  • Stocks

 

Is CPCU 410 easier than the traditional core CPCU classes?

In some ways, CPCU 410 is slightly easier than the core classes that it was based off. However, it still has it’s own unique challenges and it certainly isn’t an “easy” course.

  • CPCU 520: For most students, the hardest parts from CPCU 520 are the technical content from the actuarial chapter and the reinsurance chapter. However, none of the difficult content is included in CPCU 410. In that sense, the 520-related content from CPCU 410 is definitely on the easier side.
  • CPCU 530: The biggest challenge with CPCU 530 is the sheer amount of content. CPCU 410 only covers a small fraction of that, so in that sense, CPCU 410 is “easier.”
  • CPCU 540: CPCU 540 has accounting content and finance content, which are both challenging for different reasons. The accounting content involves a lot of formulas and requires you use to use critical thinking to interpret financial statements. The finance content includes a bunch of technical theories that aren’t easy to understand. CPCU 410 does not include the super technical finance-related stuff, so in that sense, it’s “easier.” However, you still have to learn all the accounting formulas and how to apply them to financial statements, so you can’t avoid the math just by taking CPCU 410.
  • Overall: Because CPCU 410 does not have a single underlying theme (like business operations for 520, law for 530, and finance for 540), it can feel really all-over-the-place. Also, you won’t have the the benefit of having later chapters building on or reiterating what you already learned in earlier chapters. Normally, that would give you important context and allow you make connections between various concepts within the course. The fact that you can’t do this as well in CPCU 410 might make it harder for some students to remember the details compared to if they had those opportunities.

 

Why our study programs work

Many companies offer study materials for the AINS & CPCU designations, but here is why our study programs stand out:

See concepts in action

You will be tested on your ability to apply the concepts to different situations, so we provide plenty of examples to show you how things work.

Less is not always more

Some things won't make sense until you have enough background info. We give extra context where you'd need it to fully grasp the material.

Easy to review

Besides learning the content, you have to remember it all. Our paid study programs include our famous study guides that make it super easy to refresh your memory.

Disclaimers: The Institutes, CPCU®, and AINS® are trademarks of the American Institute For Chartered Property Casualty Underwriters, d/b/a The Institutes. InsuranceExamGuides.com is not affiliated or associated with The Institutes in any way, and The Institutes do not endorse, approve, support, or otherwise recognize InsuranceExamGuides.com or its products or services. CPCU® and AINS® are registered trademarks of The Institutes. All rights reserved.

About the ARM to CPCU Program

About the ARM to CPCU Program

There are actually two paths you can take to earn your CPCU® designation: the traditional path and the ARM to CPCU path. The latter option allows you to take fewer CPCU classes if you already have or are pursuing your Associate in Risk Management (ARM®) designation. In this post, we’ll share more about this program and give you the details you need to decide which path is right for you.

(more…)

REDIRECT – Our CPCU 540 online course is here!

REDIRECT – Our CPCU 540 online course is here!

Our highly-anticipated CPCU® 540 online course is finally here! If you’re gearing up to take on CPCU 540: Impacting the Bottom Line of Insurance Financials, our online course has everything you need to ace your exam!

 

cpcu 540

Get Your CPCU 540 Study Materials NOW!

CPCU 540 Study Materials

  • For buyer's personal use only (non-transferrable and not for resale)

  • Based on CPCU 540: Contributing to Insurer Financial Performance (1st edition)

  • Delivery for online study program: Instant access provided after purchase

  • Delivery for study guide bundle: PDF instantly sent by email after purchase

We’ve loaded our online course with tons of content to help you grasp all the tricky concepts:

Online Video Lessons: CPCU 540 is a course that is best learned with visual aids. We show you how concepts work, and work out the various word problems you’ll encounter step-by-step, with helpful annotations and tips for avoiding the most common mistakes. If you prefer to read the content, our platform displays captions and full, searchable transcripts.

Streaming Audio Option: If you prefer to learn on the go, our streaming audio option lets you listen to the lectures while you commute, workout, or otherwise have time to listen in.

Study Guide Outlines: Our famous study guides condense each chapter to several pages of key terms, major concepts, and other important lists of information. The clean outline format makes it easy to see how the details presented are related to each other.

Introductory Lessons: Based on our popular blog post series CPCU 540 Fundamentals, we have included lessons on topics that we think you should understand before you start reading your textbook. These lessons cover topics that are referred to all thorough the book from start to finish, but aren’t explained well right off the bat. If you don’t know these concepts upfront, you might not fully grasp what is being said every time the textbook makes mention of them. We help you solve that problem by teaching you these concepts right upfront.

Help with Formulas: CPCU 540 is notorious for the many, many formulas covered that aren’t all provided for you on the exam. Our e-bundle includes a number of tools to help you:

  • Formulas Module, that explains each formula in detail
  • Convenient, quick reference sheets that list out the formulas
  • “How to Memorize CPCU Formulas” handout, outlining a method that allows you to create a cheat sheet for yourself on test day.

How to Solve GAAP Problems: One of the trickiest elements of the CPCU 540 test is understanding how to read GAAP statements and draw conclusions. Because what constitutes “good financial results” is relative depending on the company and their situation, there aren’t that many hard and fast rules about what to look for. We compiled a list of tips on how to navigate solving GAAP problems, and give examples for you to see how those tips apply.

GAAP vs SAP Table: Prior test-takers consistently mention that the test will include questions about the differences between these two accounting methods. We provide a convenient table that shows the main differences side-by-side, so you can easily compare and contrast them at a glance.

IRIS Ratios: One thing you’ll learn about in CPCU 540 is how government regulators monitor insurance companies’ performance to ensure that the insurers don’t go bankrupt. Our quick reference sheet lists out all the IRIS ratios, what they tell you, and what the government’s acceptable values are for those ratios.

Practice Problems: The old saying “practice makes perfect” is absolutely true when it comes to CPCU math problems, so we have a whole bunch of extra problems for you to practice on. We even included walk-throughs for all the variations of the cash flow valuation problems, showing you how to use the tables that will be provided to you on the test.

Chapter quizzes: Reinforce your understanding by taking the practice quiz that comes at the end of each chapter.

Full-length practice exam: Our final exam draws on the content from every chapter, so you can get a sense of what it’s like to be tested on everything at once.

Get your CPCU 540 study materials NOW!

Disclaimers: The Institutes, CPCU®, and AINS® are trademarks of the American Institute For Chartered Property Casualty Underwriters, d/b/a The Institutes. InsuranceExamGuides.com is not affiliated or associated with The Institutes in any way, and The Institutes do not endorse, approve, support, or otherwise recognize InsuranceExamGuides.com or its products or services. CPCU® and AINS® are registered trademarks of The Institutes. All rights reserved.