Prelicensing education and property and casualty exams are not required of any applicant who has earned the Chartered Property Casualty Underwriter (CPCU) designation of the American Institute for Property and Liability Underwriters, Incorporated, and who is in good standing with a local chapter of the Society of Chartered Property and Casualty Underwriters. Prelicensing education and life, health and accident exams are not required of any applicant who has earned the Chartered Life Underwriters (CLU) designation of the American College of Life Underwriters and who is a member in good standing with a local chapter of the American Society of Chartered Life Underwriters. Certification of a designation award must be included with Application Form 1114A.