Career Objective of LIC Advisor
Helpful Books for Insurance Advisor

What is MDRT

Million Dollar Round Table (MDRT) Agent will get international recognition and huge wealth by qualifying for MDRT.MDRT Membership is recognized internationally as the standard of sales excellence in the life insurance industry. MDRT membership of the world provides a unique mix of resources and networking to inspire growth in your business. If you are LIC agent then it would be your first dream to be MDRT agent. Basically you will be selected for a international seminar,where all excellent insurance advisor from different insurance company will participate and share their innovative ideas .

Eligibility Criteria  for MDRT

To qualify for the membership of MDRT agents as LIC Advisor have to earn the prescribed First Year Commission excluding the Bonus Commission.
1MembershipCriteriaFirst Year CommissionRsFirst Year Premium
2MDRTBasic9,34,40037,37,600
3COURT OF THE TABLE (COT)3 TIMES MDRT28,03,2001,12,12,800
4TOP OF THE TABLE-TOT6 TIMES MDRT56,06,4002,24,25,600

Few Benefits  Of MDRT

  1. Reimbursement of MDRT participation fee who will the attend the meeting.
  2. Interest free advance of a maximum of Rs 80000 to all MDRT agents for attending the MDRT Annual Meet
  3. COT agents who attend the MDRT Annual Meet are eligible for a reimbursement of Rs 40,000 OR actual cost for air ticket and rs 25000 as pocket expense
  4. TOT agents who attend the MDRT Annual Meet are eligible for a reimbursement of Rs 80,000  OR actual cost for air ticket and rs 50000 as pocket expense.
  5. Galaxy Club Agents  agents who attend the MDRT Annual Meet are eligible for a reimbursement of Rs 60,000  OR actual cost for air ticket and and rs 10000 as pocket expense.

Procedure for registration of LIC MDRT Agent

If LIC agent qualifies with the eligibility criteria then he/she has to apply to MDRT in a given format for Id Card.
Once it is allotted he/she can easily download his/her ID card with given ID no.
Then Agent will send  directly to MDRT,USA before last date with a certifying letter issued by LIC competent authority (Sr. Divisional Managers) and fee .
Now MDRT will issue a certificate of registration to the LIC agent. LIC Agent can take guidance of the MDRT Help Desks at Divisional and Zonal levels for those purpose.

Career Objective of LIC Advisor
Helpful Books for Insurance Advisor
LIC MDRT 2018

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