Monday, March 18, 2013

Long Term Care Insurance Association Members Eligible For MDRT

Insurance agents wishing to apply for membership in the Million Dollar Round Table must also belong to an industry organization such as the American Association for Long-Term Care Insurance. “The Million Dollar Round Table is a professional trade association formed in 1927 to help insurance salespeople and financial advisors establish best business practices,” explains Jesse Slome, executive director of the long term care insurance trade group AALTCI. Members typically sell risk-based products like life insurance, disability and long term care. According to recent reports MDRT has some 40,000 members in over 80 countries. “To belong, an insurance agent must meet qualification requirements including sales production as well as membership in an outside independent organization,” Slome explains. Membership in AALTCI has been approved for MDRT eligibility.