Commercial Surety, Crime Insurance, and Financial Institution Bonds
The Burnham System
AFSB 153
Basic Study Material

The Burnham System is written and frequently revised by

Ray Burnham, CPCU, CLU, ARM, AIC, AINS, AIS, API, SPPA, AIM, AIC-M, ARM-E, AU, AU-M, ALCM, AAI, AAI-M, APA, ARP, AIAF, AMIM, AAM, AIT, ARe, AFSB, ASLI, AIDA, ARC, ARM-P, REBC, RHU, ASF, LIA, CASL, and ChFC;

Jean O’Reilly, PhD, CPCU, ARM, AINS, AIS, API, AIC, SPPA, AIM, AIC-M. ARM-E, AU, AU-M, AAI, AAI-M, APA, AMIM, AIT, ARe, AFSB, ASLI, AIDA, ARC, ARM-P, and AIAF; and

Lisa Tobey, JD, CPCU, CLU, ARM, AINS, AIS, API, SPPA, AIM, AIC-M, ARM-E, AU, AU-M, AAI, AAI-M, APA, AIAF, AMIM, AIT, ARe, AFSB, ASLI, AIDA, ARC, ARM-P, ACS, RWCS, RHU, REBC, CASL, AIC, EA, and ChFC.

Copyright © 2018 The Burnham System

AFSB 153
Bound, Digital, & Audio Book Bundle

Commercial Surety, Crime Insurance, and Financial Institution Bonds Study Guide

The Burnham System is the gold standard for AFSB 153 study guide materials. Using our guide you will learn everything needed to pass the AFSB 153 Exam in the shortest time possible. Simply, you will learn more faster.


Included for FREE with your purchase of this Bound Study Guide:

  • AFSB 153 Audio Study Guide Narrations, in MP3 file format, expertly narrated by Lisa Tobey
  • AFSB 153 Digital Study Guide Book, in PDF file format
  • Ray's answers to each assignment's review questions
  • Ray's definitions for each assignment's key words and other new terms
  • A sample diagnostic exam with answers and explanations


PDF Notice: PDF files are not printable. They are digitally annotatable.


Current Text Edition: 1st

Current Course Guide Edition: 1st


Ray's estimate of course difficulty (1, easiest and 10, hardest): 7


Number of study guide pages: 60

Covered within this study guide:

  • Commercial Suretyship
  • License and Permit Bonds
  • Public Official Bonds
  • Court Bonds: Judicial Bonds, Admiralty Bonds, and Fiduciary Bonds
  • Miscellaneous Bonds
  • Immigration Bonds
  • Commercial Crime Insurance
  • Underwriting Commercial Crime and Financial Institution Risks
  • Controlling Crime Loss Exposures

As a good study guideline, figure anything in those 60 pages might be on your exam and that there will be nothing on your exam that is not covered in those 60 pages.


The Burnham System is written and frequently revised by

Ray Burnham, CPCU, CLU, ARM, AIC, AINS, AIS, API, SPPA, AIM, AIC-M, ARM-E, AU, AU-M, ALCM, AAI, AAI-M, APA, ARP, AIAF, AMIM, AAM, AIT, ARe, AFSB, ASLI, AIDA, ARC, ARM-P, REBC, RHU, ASF, LIA, CASL, and ChFC;

Jean O’Reilly, PhD, CPCU, ARM, AINS, AIS, API, AIC, SPPA, AIM, AIC-M. ARM-E, AU, AU-M, AAI, AAI-M, APA, AMIM, AIT, ARe, AFSB, ASLI, AIDA, ARC, ARM-P, and AIAF; and

Lisa Tobey, JD, CPCU, CLU, ARM, AINS, AIS, API, SPPA, AIM, AIC-M, ARM-E, AU, AU-M, AAI, AAI-M, APA, AIAF, AMIM, AIT, ARe, AFSB, ASLI, AIDA, ARC, ARM-P, ACS, RWCS, RHU, REBC, CASL, AIC, EA, and ChFC.

Availability: In stock

$295.00