FREE CPCU® 520 PRACTICE EXAM 

With This Download You Get:

Free Practice Exam - with questions formatted exactly like the real exam.

Free Study Guide - ensuring you focus on the most important topics.

Free Chapter - access to the entire chapter one of the course.

10 Steps To Pass - our 10 step process to study, focus on the most difficult topics, and pass.

Other resources - free access to other resources including our breakdown of the most important topics and most difficult part of the exam.


CPCU® 520 STUDY MATERIAL

Full Course Includes:

  • COMPLETE ONLINE COURSE - covers everything that will be on the CPCU® 520 exam. Designed for faster, easier studying. Completely online and downloadable as a PDF for those that would rather print a physical copy of the course.
  • FILL IN THE BLANK STUDY GUIDE - designed to ensure you take notes on the most important topics.
  • 350+ PRACTICE QUESTIONS - quiz questions for each topic of the CPCU® 520 exam to ensure you grasp the main concepts.
  • QUIZ EXPLANATION – detailed explanation about the correct answer for every quiz question.
  • 2 COMPLETE PRACTICE EXAMS - 75 questions each, formatted exactly like the actual CPCU® 520 exam (with the same number of exam questions) to give you a "real exam" feel.
  • CPCU® INSIGHT - course includes our insight detailing what to expect from each chapter on the CPCU® 520 exam, detailed answer explanation of each quiz question, and our personal email support to provide advice on any question or exam topic.
  • MOBILE APP - download the AssociatePI mobile App and study on the go! Perfect for your commute to work.
  • MONEY BACK GUARANTEE - pass with our Comprehensive Course or your full money back, guaranteed.
  • 99% SUCCESS RATE - we have helped thousands of students pass their CPCU® exams. In that time, only a few students have failed.

Don't need the full course? 
Checkout our practice exam course! Includes all of the same practice questions as our full course. Click the button below to get started studying.


ABOUT CPCU® 520 EXAM 

The CPCU® 520 exam questions, similar to the CPCU® 500 exam questions, require you to fully understand and apply every minor detail of the CPCU® 520 topics. When I say you must be able to apply your knowledge from these topics, I mean these questions will put you in the shoes of an insurance professional; it will be your job to analyze each question in order to select the best answer for the given scenario. You will NOT be simply repeating a definition.

If you’ve already passed your CPCU® 500 exam, then you’ll have no problem with the CPCU® 520 exam format and question types. The CPCU® 520 questions will be formatted in a similar manner to the CPCU® 500 exam. Remember these questions are tricky; the hardest part will be staying focused and fully reading the question in order to select the best answer.

The CPCU® 520 exam consists of 75 multiple choice questions broken up into two sections, part A and part B.

  • Part A: Concept questions – The first section of the exam will be approximately 49 concept questions; these questions will test your understanding of a definition or topic. The multiple-choice answers will generally provide 2 or 3 partially correct answers and one “best” answer.
  • Part B: Case questions – The second section of the exam will be approximately 26 case questions; these questions will require you to apply your knowledge to a specific scenario or event. You will be given a real-life scenario; your job will be to select the best recommendation to solve the given scenario.

For more info about what to expect on the exam, see our blog about the CPCU® 520 Exam Format.


CPCU® 520 DIFFICULTY

According to nationally published CPCU® pass rates, the CPCU® 520 historically has one of the highest success rates out of all the CPCU® exams. The pass rate is typically around 78%. In my opinion, the CPCU® 520 was the easiest of all the CPCU® exams simply because I was better prepared for the exam format after passing the CPCU® 500 and the material directly related to my experience and training from working in the insurance industry.

The hardest part of the CPCU® 520 will be learning the minor details and complexities of each insurance function. Even if you’re an expert on the topic, you’ll need to fully study each section because the CPCU® exams are known for testing you on the most minor little details; missing one detail can cause you to choose the wrong answer.

Although this exam has one of the highest pass ratios, DO NOT take it lightly. All CPCU® exams are tough and require you to fully study the online course. Be sure to fully study each chapter for the best results on your exam, even if you consider yourself an expert on one topic.

For more insight, see our blog about the CPCU® 520 Difficulty.


CPCU® 520 EXAM TOPICS

Below we are outlining some important CPCU® 520 exam topics. We recommend you master these topics before attempting the CPCU® 520 exam. This is our opinion of the topics that are important on your exam.

  • Reinsurance – we recommend you heavily focus on reinsurance, in our opinion this is one of the most important topics of the CPCU® 520 content. Understand the reinsurance process, calculate how much the reinsurer will pay for a loss, and know the best reinsurance contract for an insurer given a specific scenario.
  • Marketing – we highly recommend you master the topics of insurance marketing and distribution. Know the best distribution system given the characteristics of the customer and insurer, understand the characteristics of each type of insurance customer, and know the difference between an agent and broker.
  • Risk control – risk control and premium auditing is an important topic. Make sure you know the reason for premium auditing, reason for risk control, and types of premium audits.

For more info about the most important topics see our blog about the CPCU® 520 Exam Topics.


CPCU® 520 STUDY TIPS

1) Read the entire online course and focus on the details: This is by far the most important tip. As mentioned above, you’ll probably have a general knowledge about each insurance operation but it’s the minor little details that will cause you to fail.

2) Make a study guide: Taking notes and making a personal study guide is a great way to improve your ability to recall information on the exam. Make sure your study guide is short and easy to quickly review; this will help you keep track of those minor details and creates a reference sheet for you to review rather than re-reading the textbook.

3) Practice, practice, practice: Take as many practice exam and quizzes as you possibly can. This will help you familiarize yourself with the CPCU® 520 question format and help you determine which topics you need to re-study. Once you go through a few practice quizzes and exams, return to your notes and review any section that you failed.

For more information about the type of questions you will see on the exam see our blog about the CPCU® 520 Exam Questions.


CPCU® 520 VIDEO SERIES

Here’s all four videos to our CPCU® 520 four-part video series, covering everything you need to know to prepare for your CPCU® 520 exam:



MORE CPCU® 520 RESOURCES


Disclaimer

Remember, every CPCU® exam is different. No single exam is the same. Be sure to study ALL topics (not just our recommendation). This resource is intended to provide you with a general idea of where your focus should be. Make sure to thoroughly study every topic of this exam.

Difficulty rank, importance rank, and the advice provided in this resource are solely the opinion of AssociatePI. This resource is intended to provide you with a general idea of where your focus should be. Each exam administered by The Institutes is different. AssociatePI is not affiliated with The Institutes or involved in the exam writing process. Please be sure to thoroughly study every chapter and every topic of this course.

CPCU® exams are administered by the American Institute for Chartered Property Casualty Underwriters (“The Institutes”). AssociatePI does not administer the actual exams, we are an independent resource of free content, advice, and study material for professional insurance education. This blog is intended for informational purposes only, to inform prospective students of the benefit of the CPCU® designation.

CPCU® and API are trademarks of the American Institute for Chartered Property Casualty Underwriters (“The Institutes”). AssociatePI LLC is not affiliated with, associated with, endorsed by or otherwise supported or recognized by The Institutes in any way. AssociatePI LLC is not authorized by The Institutes to offer courses, practice examinations, or any other resources related to the Institutes’ designations or other programs.

For further information, please email contact@associatepi.com.

 

 

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