Status Designations

Each MDRT status designation is granted for one year only. All members must apply every year to continue their affiliation with the Million Dollar Round Table.

QUALIFYING MEMBER
An individual who is a first-time applicant becomes a Qualifying (Q) member when his/her application papers are approved. Until the 10th year of membership is attained, the member will be a Qualifying member.

QUALIFYING AND LIFE MEMBER
One becomes a Qualifying and Life (QL) member when approved for the 10th year of membership. The year or years during which Provisional Applicant status was held are counted. Qualifying and Life status is maintained in future years by submitting certified production with the membership application.

An individual may also become a Qualifying and Life (QL) member if the applicant was initially licensed as an insurance or financial services professional/advisor after attaining age 45 and has been approved for six consecutive years.

LIFE MEMBER
Once Qualifying and Life membership has been attained, a member may choose to apply as a Life (L) member by not including certified production with the membership application. Life members must annually submit an application and pay dues.