More property-casualty course study guides than are available from
all other sources, combined, times two.
More life-health course study guides than are available from all
other sources, combined.
Search The Burnham System website:
Decision Making 101 for
Employees:
Decision Number One: Should
you take a course this term?
Based on all the information I've been able to gather, on average,
your lifetime average income will increase by over 3%
per year per Institute or College course you pass. That's over
$2,500 per year per course.
(At one great life insurer, salesmen who had earned the CLU, ChFC,
and CFP, earned
$9,982 more per year per exam.)
Conclusion: take at least one professional level course per
term.
Decision Number Two: Should you use The Burnham System?
Counting only the value of time saved and ignoring the
value of improved education,
on average, The Burnham System saves you 64 hours of time,
valued by your employer at over $3,800.
Conclusion: Use The Burnham System.
Remember, there is no down-side risk if you pay my normal fee
(if your employer has not made special pricing arrangements),
Which brings us to ...
Decision Making 101 for Employers:
Decision Number One:
Should you license The Burnham System?
Based on all the information
I've been able to gather, the pay-off per year per
professionally-credentialed employee (CPCU, CLU, MBA, JD, CPA,
executive) is about
$500,000 per year per professional.
(Payoff is determined based on the most recent five-years of
insurance industry after-tax earnings in excess of aggregate
policy-holders surplus invested at the five-year Treasury rate.)
The Burnham System substantially improves average pass rates by over
25%. The rough numbers involve
investing about $10,000 once
for about a $500,000 annual return for decades.
Conclusion: License The Burnham System.
Doing so would be among the very best investments you could possibly
make
since most candidates drop out after receiving a Non-passing grade.
Here are the most recent, 2010
Survey results:
Section I -- Pass Ratio with
The Burnham System 2010 results)
Questions
Bulk Order
Repeat Patrons
Bulk Order First-Time Patrons
Individual First-Time Patrons
Individual Repeat
Patrons
All Patrons,
Combined
How many times have you used The
Burnham System?
544
49
15
359
967
Of those, how many times did you pass
on your first try?
512
48
15
347
922
Analysis (Pass Ratio)
94.1%
98.0%
100%
96.7%
95.4%
Section II -- How candidates who’d used at least two
preparation methods ranked the methods
Questions
Bulk Order
Repeat Patrons
Bulk Order First-Time Patrons
Individual First-Time Patrons
Individual Repeat Patrons
All Patrons,
Combined
Number ranking method best
Best
Best
Best
Best
Best
The Burnham System
37
10
8
18
73--93.6%
Class
0
1
0
1
2
Other Supplements, combined
0
0
0
0
0
Self-Study
0
0
0
0
0
Other
1
2
0
0
3
Section III -- Do candidates who’d used The Burnham
System recommend it?
Questions
Bulk Order Repeat Patrons
Bulk Order First-Time Patrons
Individual First-Time Patrons
Individual
Repeat Patrons
All Patrons,
combined
“Do you, will you, recommend The
Burnham System to other candidates?”
Yes: 71
No: 0
Yes: 45
No: 0
Yes: 18
No: 2
Yes: 50
No: 1
Yes: 184--98.4%
No: 3
Section IV -- What is the value of The Burnham
System, per person, per exam?
Questions
Bulk Order Repeat Patrons
Bulk Order First-Time Patrons
Individual First-Time Patrons
Individual
Repeat Patrons
All Patrons,
combined
How many hours per weekly assignment
did it (or does it) take you to properly prepare for an
Institute exam
without The Burnham System (count
everything--driving to class, class, reading, studying,
etc.)?
8.76
9.00
11.36
6.54
8.26
with
The Burnham System (hours you actually spent per
assignment)?
4.49
3.93
5.21
5.26
3.97
When you subtract, what’s the
difference?
4.28
5.07
6.14
3.39
4.29
How many weekly assignments are there?
(includes some IIA)
15.31
15.59
15.00
14.17
15.00
What are your hourly earnings?
$42.88
$28.66
$34.50
$51.62
$41.72
(the difference)
´
(the number of assignments)
´
(hourly earnings) =
$2,809.79
$2,265.32
$3,177.45
$2,479.63
$2,684.69
What’s your chance of passing
without The Burnham System (guess)?
59.95%
67.73%
60.89%
67.50%
63.54%
What’s your chance of passing
with The Burnham System (guess)?
90.83%
91.41%
86.67%
86.67%
90.30%
Total Value of The Burnham System
per exam taken*
$4,257.10
$3,057.33
$4,522.74
$3,293.32
$3,815.34
* (Value of time
savings) ´ chance of
passing with The Burnham System ¸
chance of passing without The Burnham System.
Also, NEW, now available and finally introducing (after over
30 years of
development),
the most comprehensive insurance dictionary ever written in any
language,
(over
27,000 entries, over 34,000 definitions, over 900 pages of
high quality opaque paper, stitched and hard-bound.
Use it every day. It will last a lifetime.)
Our Mission:
Maximize our contribution to our nation by providing
the most
efficient and most effective insurance learning system and tools,
available anywhere,
by anybody, at any price.
Ray's Three Simple
Guarantees:
1.
You'll think my help is the best in the world, by far, bar
none, not close, or your money
back and
2.
You'll think my help was worth more than
my fee, especially when you consider the value of your time
and the value of your improved learning or your money back
and
3.
You'll pass
on your first try or
your money back.
Those guarantees
do NOT apply if your company has special purchase
arrangements with The Burnham System.
If your company has not made special purchase arrangements with The Burnham System,
please have your company's authorized decision maker contact
Ray Burnham.
If you know which designation or course
interests you,
Written
and annually revised by
Ray Burnham,
CPCU, CLU, ChFC, CIC, CRM, AIS, API, AIC, AIM, ARM, ARM-P, AU, ALCM, AAI, APA, ARP, AIAF, AMIM, AAM, AIT, ARe, AFSB, ASLI, ARC, CISR, ACP, LIA, REBC, RHU,
CASL
The Smartest Man In Insurancesm
The Funniest Man In Insurancesm
