Million Dollar Round Table (MDRT)
Financial agents are telling us that they are Million Dollar Round Table member as if they won the Oscars Award.
In all honesty, most consumers would really love to share the joy, but we have little idea of what this decoration really means.
With insurance being an important part of personal finance, we break down what goes on behind attaining MDRT and the hype around it.
What does it take for financial advisors and insurance agent to be MDRT member?
Founded in 1927, the Million Dollar Round Table (MDRT) is a global and independent association consisting of more than 62,000 life insurance and financial services professionals.
To be eligible for MDRT, the requirement mainly focuses on hitting a certain level of premium, commission or income during the year. This requirement differs for each country and changes yearly.
Do take note:
Commission/fee method – Of the ......