Changes to the CPCU 557 online course material

Changes to the CPCU 557 online course material

 

The Institutes has updated the course materials for their CPCU courses to a new “online” version. New exams for CPCU 555, 556, and 557 will start on January 15, 2021.

The vast majority of the course content for the new CPCU 557 is the same as what was in the 3rd edition textbook. Below is an outline of the new book and how it compares to the old material. Here at BigDaddy U, we refer to the chapters as Modules and the subsections within those chapters as Learning Objectives (LOs).

  • Module 1 – Examining Building and Personal Property Coverage
    • Very similar to the old Module 1
  • Module 2 – Applying Building and Personal Property Conditions
    • Very similar to the old Module 2
      • Old LOs 5 (Commercial Property Endorsements) and 6 (Factors Affecting Premiums) removed
  • Module 3 – Examining Business Income Coverage
    • Very similar to the old Module 3
  • Module 4 – Mitigating Crime Losses
    • Very similar to the old Module 4
      • Old LO 7 (Equipment Breakdown Insurance) removed
  • Module 5 – Examining Commercial General Liability Coverages
    • Very similar to the old Module 6
      • Old LO 6 (Supplementary Payments) removed
  • Module 6 – Applying Commercial General Liability Coverages
    • Very similar to the old Module 7
      • Old LO 4 (Rating CGL Coverage) removed
      • NEW LO added – Modifying the CGL Coverage Form
        • Covers endorsements added to the CGL
  • Module 7 – Analyzing the Business Auto Coverage Form
    • Very similar to the old Module 8
      • Old LOs 5 (BCF Conditions), 6 (Endorsements), and 7 (Rating Commercial Auto Insurance) removed
      • NEW LO added – Recommending Commercial Auto Endorsements
        • This is similar in title to the old LO 6, but the content is different
  • Module 8 – Managing Payments for Employee Illness and Injury
    • Very similar to the old Module 9
      • Old LO 7 (Rating Workers Compensation Insurance) removed
  • Module 9 – Meeting Other Commercial Coverage Needs
    • This module has a lot of new content covering topics on Equipment Breakdown, Inland Marine Transportation Coverage, Businessowners Property Coverage, Farm Insurance, and Excess and Umbrella Liability Insurance.
      • Some of these topics are covered in our old Module 10 – LOs 2 & 4 and Module 11 – LO 1
  • All of the old Module 5 and most of the old Modules 10 & 11 were removed from the new course material.

 

If you are using our 3rd edition BDU CPCU 557 study materials in conjunction with the new online course material from The Institutes, you will likely be well prepared for your exam. Just make sure to pay special attention to which Learning Objectives to skip and which sections are new and therefore not covered in our existing material. We will be updating our BDU CPCU 557 study materials, but the 557 materials may not be ready until late spring or early summer 2021. Please email help@bigdaddyu.com if you have any questions.

 

 

CPCU® and AICTM are trademarks of the American Institute For Chartered Property Casualty Underwriters, d/b/a The Institutes. BigDaddy U is not affiliated or associated with The Institutes in any way, and The Institutes do not endorse, approve, support, or otherwise recognize BigDaddy U or its products or services.

4 Comments
  • Vanitha Giriprakash
    Vanitha Giriprakash
    Posted at 06:22h, 06 December Reply

    When will the updated materials and the details of update for CPCU 556 be available?

  • Amber
    Posted at 12:30h, 13 January Reply

    Just checking if there is any update on timing for these updates to be made. I would really like to use your study guides for my test, but cannot afford both this and the institutes guides. Thank you.

    • Elizabeth White
      Elizabeth White
      Posted at 13:21h, 13 January Reply

      We don’t have a good estimate for when the CPCU 557 update will be complete, but it will likely be late spring 2021 at the earliest.

Post A Reply to Elizabeth White Cancel Reply