Career as LIC Agent
Founded in 1927, the Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals, is an international, independent association of nearly 36,000 of the world's leading life insurance and financial services professionals from more than 430 companies in 78 countries. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service.
MDRT membership is recognized internationally as the standard of sales excellence in the life insurance and financial services business.
To qualify for the membership of MDRT agents have to earn the prescribed First Year Commission excluding the Bonus Commission OR brings prescribed First Year Premium during the Calendar year.
Total 6114 agents from LIC of India qualified for MDRT 2012..Total 6800 agents from LIC of India qualified for MDRT 2014 – No. 1 in World
Sr. No. | Membership | Criteria | First Year Commission | First Year Premium |
---|---|---|---|---|
1 | MDRT | Basic | ₹ 8,45,300 | ₹ 33,81,200 |
2 | Court of the Table- COT | 3 Times MDRT | ₹ 25,35,900 | ₹ 1,01,43,600 |
3 | Top of the Table -TOT | 6 Times MDRT | ₹ 50,71,800 | ₹ 2,02,87,200 |
Through our training process we will make sure that you will qualify for Basic MDRT by the end of 3rd year of your agency.