2023 Membership Requirements

Conversion Factors

Click here for Conversion Factors.
Based on 2022 Production, Expressed in Local Currency
Production credit must be reported in U.S. dollars on Certifying Letters
Local currency divided by the conversion/standardization factor = MDRT requirement in U.S. dollars

Monthly Goal Chart

The following are monthly goals to keep you on track for the 2023 Million Dollar Round Table, Court of the Table and Top of the Table. Track your progress toward 2023 membership during the 2022 production year.

Monthly Goal Chart

Ethical Code

Members of the Million Dollar Round Table should be ever mindful that complete compliance with and observance of the Code of Ethics of the Million Dollar Round Table shall serve to promote the highest quality standards of membership. These standards will be beneficial to the public and the insurance and financial services profession. Therefore, members shall:

  1. Always place the best interests of their clients above their own direct or indirect interests.
  2. Maintain the highest standards of professional competence by seeking to maintain and improve professional knowledge, skills and competence.
  3. Hold in strictest confidence, and consider as privileged, all business and personal information pertaining to their clients’ affairs.
  4. Make full and adequate disclosure of all facts necessary to enable clients to make informed decisions.
  5. Maintain personal conduct which will reflect favorably on the insurance and financial services profession and the Million Dollar Round Table.
  6. Determine that any replacement of an insurance or financial product must be beneficial for the client.
  7. Abide by and conform to all provisions of the laws and regulations in the jurisdictions in which they do business.

Membership Dues

The following are the total membership fees for each membership level. Some exclusions may apply.


600 USD



650 USD



1,150 USD

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MDRT Membership FAQs

Note: Anyone whose paper application has been received and is being processed at MDRT headquarters must complete the paper process and is not able to use the Online Membership Application System.

How do I qualify for the Million Dollar Round Table?

Qualifying Members must submit proof of production equal to or greater than the set minimum amount in eligible commissions paid, paid premium earned or in annual gross income during the previous calendar year. For more detailed information, please visit the membership requirements page.

What are annual membership dues?

Membership dues are USD 600, for applications completed online or postmarked by March 1. After March 1, dues are subject to a USD 200 additional fee.

Is there a deadline for applying for membership?

The application deadline is March 1 of the membership year. However, you may apply for membership after this date with the payment of an additional USD 200 fee. No applications are accepted after December 31 for the previous year.

Do I have to renew my membership each year?

Yes. Membership status is granted for one year only regardless of status.

Can I get a refund?

If your requested withdrawal was received prior to approval you will receive a full refund of any membership fees collected by MDRT. If your request is received after your application was approved, no refund of fees will be made. All fees collected for MDRT membership are refunded if the application is denied.

What is the Online Membership Application System and how does it work?

It is a start-to-finish online approval system that guides applicants through the application process, resulting in immediate approval for membership. After completing all the steps and paying member dues, applicants receive an immediate confirmation of their approval as a member of MDRT.

How long does it take to complete an online application?

If one has all the necessary documentation, the process should take approximately 10 minutes to complete. The system stores the entered data at each step in the process. If there are any interruptions, applicants can resume the process wherever they left off.

Is there anyone who cannot use the Online Membership Application System?

The vast majority of applicants are eligible to use the system. Only those requesting a disability waiver for the first time, as well as anyone with an ethics complaint against them, will be kept from using the system. In those cases, the user must contact MDRT staff and complete a paper application. Note: Anyone whose paper application has been received and is being processed at MDRT headquarters must complete the paper process and is not able to use the Online Membership Application System.

Request a paper application
You can contact MDRT at +1 (847) 692–6378 or complete online profile and request a paper application. If you already have an MDRT ID number, simply click on the link below and sign in to request your personalized application. If you do not have an MDRT ID, click on that link and complete your online profile by clicking on “Create Account” at the bottom of the login page.

Access Paper Application Here

Login / Create Account 

Pay Paper Application Dues Here