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Chartered Property Casualty Underwriter (CPCU®)

Financial Advisor in the Insurance Industry

From , former About.com Guide

Chartered Property Casualty Underwriter (CPCU®)

Chartered Property Casualty Underwriter help individuals, families, and businesses to insure against devastating property and casualty losses. Photo Credit: MF Photographs

The Chartered Property Casualty Underwriter (CPCU®) designation offered by the American Institute of Property Casualty Underwriters requires 24-months' continuous experience in financial services.

Requirements. Students should have prior experience in the financial services industry. CPCUs must agree to abide by the ethical standards of the institute. The CPCU® curriculum provides technical and ethics education. The curriculum includes self-study programs, public and online programs hosted by institute instructors. Courses may be taken in any order. Students must pass an essay examination. Students may attend a graduation conferment ceremony.

Considerations. CPCUs usually work in the insurance industry before obtaining this credential. The CPCU® firmly establishes the individual holder as a property casualty underwriter. The financial products sold by this financial advisor are insurance products.

Compensation. AIPCU says that CPCUs earn 29 percent more than their peers. According to PayScale.com, licensed insurance agents earn average annual compensation of approximately $40-60,000.

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