Associate in Fidelity and Surety Bonding (AFSB) Program
Enhance your career options. The AFSB curriculum is broad-based and practical. Earning the designation can help you to enhance your career options by expanding your understanding of both contract and noncontract surety, as well as crime insurance. You will gain knowledge and skills that you can immediately apply to your daily responsibilities. The AFSB program was developed with the encouragement and technical assistance of the National Association of Surety Bond Producers and the Surety Association of America.
Required Courses
You may take only AFSB 151 and 152 or AFSB 151 and 153 if specializing would better meet your career needs. This option does not earn the AFSB designation.
The following courses are required to earn the AFSB designation:
AFSB 151-Principles of Suretyship: Types of Bonds, Bond Production/Underwriting, Financial Statements/Analysis, Credit Terminology/Laws, Credit Investigation/Reports, Bond Ratemaking, Fidelity/Surety Reinsurance
AFSB 152-Contract Surety: Contract Bond Law, Bid Process, Underwriting, Contractors’ Financial Statements, Trend Analysis/Forecasting, and Contract Surety Claims
AFSB 153-Crime Insurance and Noncontract Surety: License and Permit Bonds, Public Official Bonds, Court Bonds, Miscellaneous Surety Bonds, Commercial Crime Insurance, and Financial Institution Bonds.
CPCU 530-The Legal Environment of Insurance
CPCU 540-Finance for Risk Management and Insurance Professionals
Course sequence: It is best to take AFSB 151 first and to take CPCU 540 before AFSB 152.
Exam Type
AFSB 151/152/153: Eighty-five computer-administered, objective (multiple-choice) questions. Time allotted: 2 hours.
CPCU 530/540: Computer-administered essay. Time allotted: 3 hours.
This Program Right for You?
If you are new to the industry or are uncertain whether this program is right for you, try our online advising or fill out our a self-inventory form and mail it to the Institutes.
Get Started Now!
Get started now by ordering study materials. You can register for your exam when you order study materials, or you can register closer to your exam date. If you have questions, contact Customer Support at customerservice@cpcuiia.org.