MDRT LIC AGENT|REGISTRATION OF MDRT LIC AGENT
What is MDRT (Million Dollar Round Table)-
MDRT stands for Million Dollar Round Table in its entire form.
By qualifying for MDRT, a regular insurance agent gains international prestige and a large sum of money.
It is an award awarded by the insurance industry to their top-performing insurance advisers and agents.
MDRT LIC has the most of these types of insurance advisors.
MDRT enrollments widely regarded as the gold standard in the life insurance market when it comes to sales performance.
The world’s MDRT membership offers a unique combination of resources and networking to help your company flourish.
If you are a LIC agent or plan to become a LIC agent, becoming an MDRT agent would be your first dream. basically, you will be picked for an international seminar in which all of the best insurance advisors from Many insurance companies will attend and present their creative ideas.
A normal agent can also become MDRT Agent-
To become an MDRT agent as a LIC Advisor, you must first earn the required first-year Commission, excluding Bonus Commission.
1 MDRT 3 TIMES 2 MDRT 6 TIMES
Benefits of attaining MDRT
MDRT members over the world have access to excellent tools and a large network to help them succeed in the financial services industry for the rest of their lives.
- Being a part of a global network entails a number of things: Meet and join with agents from across the world, exchanging tips and strategy.
. Bimonthly magazine: Read about insurance industry trends and new modernization in this daily publication.
. Educational resources: Members get access to educational content along with the expertise to download tools to help them correct their work processes.
. Events: Attend events in other countries and listen to industry professionals speak.
The basic premise is that by joining a global network of successful financial experts, your abilities and motivation will improve, resultant in an increase in your own commissions.
Eligibility Criteria for MDRT
MDRT advisor must earn the prescribed First Year Commission excluding Bonus Commission OR bring the prescribed First Year Premium throughout the calendar year to qualify for membership.
Procedure for registration of LIC MDRT Agent
If a LIC agent meets the eligibility requirements, he or she must submit an application for an ID card to MDRT in the prescribed format.
Once it is allocated one can easily download his/her ID card with given ID no.
Then, before the deadline, the Agent will transmit a certifying letter from LIC’s competent authority (Sr. Divisional Managers) along with the fee to MDRT in the United States.
The LIC agent will now receive a certificate of registration from MDRT.
For these purposes, LIC Agents can seek advice from MDRT Help Desks at the Divisional and Zonal levels.