An association of life insurance agents who qualify by selling at least a specified minimum face amount of life insurance (meeting certain qualification standards) in a calendar year. This requirement is adjusted annually based on increases in the cost-of-living indices.
An international organization of life insurance agents formed in 1927. Membership is obtained by meeting both life insurance production requirements predetermined each year by the MDRT. Membership in the organization is recognized as the standard of excellence in life insurance sales performance. Also see MDRT Home Page.
An association of life insurance agents who produce a million or more in face amount of new insurance in a year. Applicants for membership must be members of the National Association of Life Underwriters.
An association of Life Insurance agents who qualify by selling $1 million worth or more of Life Insurance coverage. The policies must meet certain qualification standards, and applicants must be members of the National Association of Life Underwriters.
An independent, international association of life insurance agents devoted to continuing education for professional and personal development. An agent can become a member by achieving the production and earnings qualifications required by the association.
The Million Dollar Round Table, abbreviated MDRT is a trade association formed in 1927 to help insurance salespeople and financial advisors improve their business practices and increase sales. The name comes from the fact that the founders had each logged sales of more than $1,000,000 in the year the organization was formed. They focus on improving technical knowledge and selling ability as well as maintaining ethical standards in an oft-maligned industry.