Hi all,
I figured I would post after having just passed the exam. To pass, complete the following steps:
1) read 'Finance and Accounting for Insurance Professionals' one time, writing down all of the bolded words as you go through. The book is pretty quick to read (could be finished in a couple days if needed).
2) download the SMART App and do quizzes for each chapter. If you get below a 70%, then review the bolded words from the chapter.
3) review formulas in chapters 3, 5, 7, and 10. Make sure you understand the ratios and know where to find their component parts on the financial statements.
4) do extra quizzes on these chapters.
I figured I would post after having just passed the exam. To pass, complete the following steps:
1) read 'Finance and Accounting for Insurance Professionals' one time, writing down all of the bolded words as you go through. The book is pretty quick to read (could be finished in a couple days if needed).
2) download the SMART App and do quizzes for each chapter. If you get below a 70%, then review the bolded words from the chapter.
3) review formulas in chapters 3, 5, 7, and 10. Make sure you understand the ratios and know where to find their component parts on the financial statements.
4) do extra quizzes on these chapters.
Guide to passing CPCU540
