The Million Dollar Round Table (MDRT) has provided its members around the world with access to valuable resources to help them achieve lifelong career success in the financial services profession. MDRT connects its members to an unmatched global network of the best minds in the business. The knowledge and expertise harnessed within MDRT spans the full spectrum of financial services, including life insurance, investments, retirement planning, wealth management and more. In an intensely competitive profession, objections are routine and regulatory changes are the norm.
MDRT provides a combination of tangible and intangible resources, face-to-face interactions and round-the-clock access to the ideas members are using every day to boost their productivity, build their business and discover new success strategies.
How to Qualify (Commission, Premium & Income Requirements) for MDRT Membership – 2017?
Membership to MDRT is based on agent productivity and includes criteria to meet certain level of premium, commissions or income during the year. For Court of Table (COT) and Top of Table (TOT), the criteria are even tougher with significantly replica tag heuer higher commissions and premiums being required to qualify.
The minimum production requirements for Membership for MDRT membership are based on any one of the below Qualifying Methods:
1. Commission Method
2. Premium Method
3. Income Method
Commission Earning Table
| 1st year | 2nd year | 3rd year | 4th year | 5th year | |
|---|---|---|---|---|---|
| No. of policy | 140 | 150 | 175 | 200 | 250 |
| Annual premium | 3,500,000 | 3750000 | 4375000 | 5000000 | 6250000 |
| 1st year 35 % | 1,225,000 | 1312500 | 1531250 | 1750000 | 2187500 |
| 2nd year 7.5 % | — | 262500 | 281250 | 328125 | 375000 |
| 3rd year 7.5 % | — | — | 262500 | 281250 | 328125 |
| 4th year 5 % | — | — | — | 175000 | 187500 |
| 5th year 5% | — | — | — | — | 175000 |
| TOTAL | 1225000 | 1575000 | 2075000 | 2534375 | 3253125 |
| Monthly Income | 102083 | 131250 | 172917 | 211198 | 271094 |