Principles of Suretyship

Principles of Suretyship
AFSB 151

Understand surety principles and practices.

AFSB 151 has been revised. Exams covering the expiring materials will be offered from January 15, 2015, until June 15, 2015. To register for an exam covering the expiring materials, please call Customer Service at (800) 644-2101.


  • Overview of suretyship
  • Types of bonds
  • Bond production
  • Bond underwriting: commercial surety and fidelity
  • Bond underwriting: contract surety
  • Credit investigations
  • Reinsurance
  • Claims

Course Level


Suggested Self-Study Time

8-10 weeks



Get the Tools You Need to Succeed

Each course is supported with textbooks, practice exams and more

Bottom-Line Benefits

Enhance customer satisfaction and retention.

Exceed customer expectations by effectively underwriting surety and fidelity bonds. 

Demonstrate your value to your organization.

Prove that you are a valuable asset to your organization by learning how to identify the various types of surety bonds.

Confidently handle complex customer needs.

Make better business decisions with your enhanced understanding of bond production and credit investigation.

“The AFSB designation serves as a concrete measure of my competency and knowledge of the surety industry...”


Caroline Murphree Roberson, CPA, AFSB
Underwriting Operation Analyst
Lexon Surety Group

Study Options

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