Changes to the CPCU 553 online course material

Changes to the CPCU 553 online course material

The Institutes has updated the course materials for their CPCU courses to a new “online” version. New exams for CPCU 551, 552, and 553 will start on January 15, 2021.

The new 1st edition online CPCU 553 has been revised considerably from the 3rd edition textbook. The new book is less than half the size of the previous version, and several of the chapters have been completely rewritten. 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 Personal Auto Coverage
    • LO 1 – condensed version of the old Module 1 – LOs 3, 5, & 6
    • LO 2 – similar to the old Module 3 – LO 1
    • LO 3 – similar to the old Module 3 – LO 4
    • LO 4 – similar to the old Module 3 – LOs 6 & 8
    • LO 5 – similar to the old Module 4 – LO 1
    • LO 6 – similar to the old Module 4 – LOs 3 & 4
  • Module 2 – Customizing Personal Auto Coverage
    • LO 1 – similar to the old Module 4 – LO 5
    • LO 2 – similar to the old Module 4 – LOs 5 & 6 and Module 3 – LO 9
    • LO 3 – similar to the old Module 4 – 7
    • LO 4 – NEW – “Coverage for Miscellaneous Vehicles”
  • Module 3 – Protecting Residential Property
    • LO 1 – similar to the old Module 5 – LO 1
    • LO 2 – similar to the old Module 5 – LO 3
    • LO 3 – similar to the old Module 5 – LO 4
    • LO 4 – similar to the old Module 5 – LO 5
    • LO 5 – similar to the old Module 5 – LO 6
  • Module 4 – Managing Homeowners Liability
    • LO 1 – similar to the old Module 6 – LO 1
    • LO 2 – similar to the old Module 6 – LO 2
    • LO 3 – similar to the old Module 6 – LO 3
    • LO 4 – NEW – “Recommending Key Homeowners Endorsements”
    • LO 5 – similar to the old Module 6 – LO 7
    • LO 6 – similar to the old Module 8 – LO 3
  • Module 5 – Understanding Personal Financial Planning
    • NEW
  • Module 6 – Recommending Life and Health Insurance
    • LO 1 – NEW – “Understanding Term Life Insurance”
    • LO 2 – NEW – “Understanding Whole Life and Universal Life Insurance”
    • LO 3 – NEW – “Selecting a Life Insurance Policy”
    • LO 4 – similar to the old Module 11 – LO 2
    • LO 5 – similar to the old Module 11 – LO 3
  • Module 7 – Funding Retirement
    • NEW
  • Module 8 – Establishing an Estate Plan
    • NEW

 

 

Based on the above information, we would not recommend purchasing our existing BigDaddy U CPCU 553 study materials (last revised in 2018) to prepare for your 2021 exam.  We will be updating our BDU CPCU 553 study materials in 2021, though they may not be ready before the Q1 window closes on March 15, 2021. If you already have the BDU CPCU 553 study materials, you may be able to use a combination of the existing 553 and 556 study materials to prepare for the new exam. Please email help@bigdaddyu.com if you are using the existing 553 materials or 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.

6 Comments
  • Mark Collins
    Mark Collins
    Posted at 09:40h, 27 January Reply

    Hello,

    I ordered CPCU 551 materials from you in February 2019. Would they still be applicable to the current exams?

  • Martee Coleman
    Martee Coleman
    Posted at 09:14h, 22 February Reply

    Do you have an ETA of when the updated 553 guide will be available? It is my last one. I would rather use your materials but dont want to wait too long. THanks!!

    • Elizabeth White
      Elizabeth White
      Posted at 13:51h, 22 February Reply

      My best guess at the moment is that the 553 update might be ready in April. We’ve completed the update to 556, and we’ve just started on 555. As 553 is a condensed combination of 555 and 556, as soon as the 555 update is complete, 553 will come together relatively quickly.

  • Carl Feldhaus
    Carl Feldhaus
    Posted at 22:37h, 15 March Reply

    I just signed up for the next Window starting April 15th, if I purchase now will my course online auto-update to the current material once you post?

    • Elizabeth White
      Elizabeth White
      Posted at 11:12h, 16 March Reply

      Yes, anytime we update a course, the videos and other digital content on your account will automatically update. At that time, we’ll add a note above the video player indicating that you can request a new book.

      We still don’t have a firm release date for the update to the 553 study materials, but we’re hoping to have it done within a month or so.

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