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 550, 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.