Membership Information

for the
2025 Million Dollar Round Table
Requirements for the U.S. and
Select Markets
Based on 2024 production

Million Dollar Round Table

325 West Touhy Avenue, Park Ridge, IL 60068 USA  Phone: +1 847.692.6378 | Fax: +1 847.518.8921 |
Email: memberrelations@mdrt.org

Non-Core – 11/01/2023
 PLEASE NOTE

This document presents the membership requirements for the following Markets:
Australia, Belgium, Canada, Gibraltar, Ireland, Isle of Man, Israel, Italy, New Zealand,
South Africa, U.K. and U.S. If you need requirements for other Markets, please return to
the MDRT website and select the “Global” version.

Please discard any copies of this document that do not have “Non-Core – 11/01/2023”
at the foot of each page.

• The Market-specific production requirements are listed on pages 3 and 11-16.

• The definitions for Health Insurance and Policy Counts have been updated on
page 8.
• The production requirements for Turkey have been updated on pages 12 and 15.

Table of Contents
Page
I. Production Requirements-------------------------------------------------------------------- 3
II. Eligibility ------------------------------------------------------------------------------------------ 4
III. Reporting ----------------------------------------------------------------------------------------- 5
IV. Additional Requirements -------------------------------------------------------------------- 6
V. Clarifications ------------------------------------------------------------------------------------- 7
VI. Illustrations -------------------------------------------------------------------------------------- 9
VII. Meetings ----------------------------------------------------------------------------------------- 10
VIII. Commission/Premium Production Requirements By Market ------------------- 11
IX. Income Production Requirements By Market ---------------------------------------- 14

Apply for 2025 membership online at

mdrt.org/membership-application

Page 2 Non-Core - 11/01/2023

 MEMBERSHIP INFORMATION FOR THE
2025 MILLION DOLLAR ROUND TABLE
I. PRODUCTION REQUIREMENTS 3. Top of the Table (TOT)
1. Production Methods • Commission and Premium Method
Membership in the 2025 Round Table will be based on the A minimum of USD 486,000 of eligible commissions paid
following production methods: (See page 4 for products) or USD 972,000 of eligible paid premium.
• Commission Method • Income Method
A minimum of USD 81,000 of eligible commissions paid is A minimum of USD 840,000 of eligible annual gross income
required. is required. The applicant must meet the minimum of USD
• Premium Method 40,500 in new business.
A minimum of USD 162,000 of eligible paid premium • Top of the Table Waivers
is required. Top of the Table members with a minimum of 10 years of
• Income Qualification Method Top of the Table membership who do not meet the required
A minimum of USD 140,000 in annual gross income minimum production level may apply under the Top of the
from the sale and service of insurance and financial Table waiver provision but must submit required Top of the
products is required. A minimum of USD 40,500 must Table dues.
be income from new business generated during the
production year.

2. Court of the Table (COT)

• Commission and Premium Method
A minimum of USD 243,000 of eligible commissions paid or
USD 486,000 of eligible paid premium is required.
• Income Method
A minimum of USD 420,000 of eligible annual gross income is
required. The applicant must meet the minimum of USD
40,500 in new business.

Elimination of the Risk-Protection/Core

Credit Requirement

MDRT has eliminated the requirement that a

minimum of 50% of an applicant’s qualifying
production come from Risk-Protection Credit or
“core products.” Applicants from the Markets
below will be able to qualify using any MDRT
eligible product in any combination or
proportion.

Australia Ireland New Zealand

Belgium Isle of Man South Africa
Canada Israel United Kingdom
Gibraltar Italy United States

PLEASE NOTE

Applicants may not combine production credit from the methods above to attain the minimum
requirement. Applicants will be approved only under one method.

The 2025 production requirements for applicants outside the U.S. are expressed in local currency in the
tables at the end of this document. All commission, premium or income credit reported must be
converted to U.S. dollars (USD) using the MDRT conversion factor listed at the end of this document.

Page 3 Non-Core - 11/01/2023

4. Eligible Products and Credit

RISK-PROTECTION PRODUCTS
Products from life insurance companies Commission/Fee Credit Premium Credit
Accidental death and dismemberment (individual) 100% of first-year commission 100% of first-year premium
Critical illness (individual) 100% of first-year commission 100% of first-year premium
Disability income contracts (individual) 100% of first-year commission 100% of first-year premium
Life (individual)
Up to annual premium/target premium 100% of first-year commission 100% of first-year premium
Deposits in excess of annual/target 100% of commission paid 6% of excess premium
premium/top up
Single premium (whole life and investment) 100% of first-year commission 6% of first-year premium
Short-term endowment rider (max 15 yrs.) 100% of first-year commission 6% of first-year premium
Long-term care (individual) 100% of first-year commission 100% of first-year premium

Accidental death and dismemberment (group) 100% of first-year commission 10% of first-year premium
Critical illness (group) 100% of first-year commission 10% of first-year premium
Disability income contracts (group) 100% of first-year commission 10% of first-year premium
Life (group) 100% of first-year commission 10% of first-year premium
Long-term care (group) 100% of first-year commission 10% of first-year premium

Annuities (individual and group) 100% of all commissions 6% of new money invested
Single premium and/or short-term endowment (max 100% of first-year commission 6% of first-year premium
15 yrs.)

OTHER PRODUCTS
Products Commission/Fee Credit Premium Credit
Health Insurance* (individual) 100% of first-year commission 100% of first-year premium

Health Insurance* (group) 100% of first-year commission 10% of first-year premium

Mutual funds 100% of all commissions/fee 6% of new money invested
Securities 100% of commission/fee on new 6% of new money invested
money invested
Wrap accounts/asset management accounts 100% of all commissions/fee 6% of new money invested
Financial planning fees/fees for advice 100% of the net fee 100% of the gross fee

*See page 8 for additional details.

II. ELIGIBILITY
1. Qualification Overview • Qualifying & Life Member
• First-time applicants for MDRT must use either the An individual becomes a Qualifying & Life (QL) member when
commission or premium methods to demonstrate approved for the tenth year of membership. Qualifying & Life
qualification for membership. (See chart on page 5.) status is maintained in future years by submitting an application
• Any individual with prior MDRT membership is eligible to each year, including certifying letter(s) demonstrating
apply using the income qualification method. qualifying production or by attesting to having met current
minimum production levels, and by paying the required dues.
2. MDRT Status Designations • Life Member
Each MDRT status designation is granted for one year only. All After Qualifying & Life membership has been attained,
members must apply every year to continue their affiliation with applicants for Life status will declare that they did not meet
MDRT. the production requirement, but still wish to continue their
• Qualifying Member MDRT membership. Life members must annually submit an
An individual who is a first-time applicant becomes a application and pay dues.
Qualifying (Q) member when their application papers are
approved. Until the tenth year of membership is attained, the
member will be a Qualifying member.

Page 4 Non-Core - 11/01/2023

 COMMISSION PREMIUM

MDRT COT TOT MDRT COT TOT

Member Member
Type Total Total Total Type Total Total Total
Production $81,000 $243,000 $486,000 Production $162,000 $486,000 $972,000
1st-Time 1st-Time
Member Member
Certifying Certifying
Required Required Required Required Required Required
letters letters
Signed by Company Company Company Signed by Company Company Company

2 - 10 Year 2 - 10 Year
Member Member
Certifying Certifying
Required Required Required Required Required Required
letters letters
Signed by Company Company Company Signed by Company Company Company
11+ Year 11+ Year
Member Member
Certifying Certifying
Not Required Required if less Required if less Not Required Required if less Required if less
letters letters
than 10 COT than 10 TOT than 10 COT than 10 TOT
Signed by Not Required Company Company Signed by Not Required Company Company

INCOME
MDRT COT TOT
Member
Type New Business Total New Business Total New Business Total
Production $40,500 $140,000 $40,500 $420,000 $40,500 $840,000
1st-Time
Member
Certifying
Not Eligible Not Eligible Not Eligible
letters
Signed by
2 - 10 Year
Member
Certifying
Required Required Required
letters
Signed by Self-signed Self-signed Self-signed

11+ Year
Member
Certifying
Not Required Required if less than 10 COT Required if less than 10 TOT
letters
Signed by Not Required Self-signed Self-signed

III. REPORTING • Income Verification

1. Verifying Production Verification of eligible production under the income
• Commission and Premium Verification qualification method will be accomplished via a certifying
First-time applicants must apply using ONLY the letter signed by the applicant. All applications submitted
commission or premium methods and supply a certifying under the income method are subject to a random
letter(s) with third-party verification. Those applying for production verification audit at a later date. If selected, the
Qualifying membership (years two through 10) may submit individual will need to supply supporting documents, such
the customary certifying letters with third-party verification as commission statements, that verify the amounts claimed.
for commission or premium or submit a self-signed certifying Other acceptable supporting documents would be a
letter and attach supporting documents for the income statement of income signed by a representative of the
qualification method as outlined above. Certifying letters company/broker-dealer/brokerage agency, a Certified
may be completed by a representative of the company/ PublicAccountant (or equivalent) or a representative of the
broker-dealer/brokerage agency, a Certified Public applicant’s personal agency/corporation/office. Tax
Accountant (or equivalent) or a representative of the documents may also be used.
applicant’s personal agency/corporation/office.

Page 5 Non-Core - 11/01/2023

• Simplified Reporting for Qualifying & Life and Life • Income certifying letters are self-reported, signed by the
Members applicant. If selected for a production verification audit, the
Once eligibility for Life status has been attained, members individual will need to supply supporting documents to
who have achieved Qualifying & Life or Life status are verify the amounts claimed, such as:
eligible to submit an application each year, including − Commission statements
certifying letter(s) demonstrating qualifying production or − A statement of income signed by a representative of
by attesting to having met current minimum production the company/broker-dealer/brokerage agency, a
levels, and by paying the required dues. Proof of production Certified Public Accountant (or equivalent) or a
(i.e., certifying letters or commission/income documents) representative of the applicant’s personal
will not be required beginning in the eleventh year. agency/corporation/office
Applicants for Life status will declare that they did not meet − Tax documents
the production requirement, but still wish to continue their
MDRT membership. 6. Honor Roll
Individuals with at least 15 years of qualifying membership
2. Court of the Table (qualification by production) shall be designated as
• Applicants must continue to submit proof of production via members of the “Honor Roll.”
certifying letter(s) until achieving 10 years of membership
at the higher level. They may declare their eligibility IV. ADDITIONAL REQUIREMENTS
without certifying letters or income documents when
applying for the eleventh year of membership at Court of 1. Annual Membership Dues: USD 600
the Table level. • Required dues, completed application and other required
forms must be postmarked on or before March 1, 2025.
3. Top of the Table Applications postmarked after March 1 will be considered
• Applicants must continue to submit proof of production via only if accompanied by an additional fee of USD 200.
certifying letter(s) until achieving 10 years of membership • Members with 50 or more years of membership are exempt
at the higher level. They may declare their eligibility from the MDRT-level dues. They must, however, pay Court
without certifying letters or income documents when of the Table or Top of the Table dues.
applying for the eleventh year of membership at Top of the
Table level. 2. Court of the Table Dues: USD 50
• In addition to remitting regular MDRT dues, a Court of the
4. Application Forms Table applicant must remit the required Court of the Table
• Applications for 2025 MDRT membership will be available on dues.
November 1, 2024. Applicants may complete an online
application or download a paper application at mdrt.org. A
paper application may also be requested by phone, fax or 3. Top of the Table Dues: USD 550
email at memberrelations@mdrt.org. • In addition to remitting regular MDRT membership dues, a Top
of the Table applicant must remit the required Top of the Table
5. Certifying Letters dues. Top of the Table membership dues includes Court of the
• A certifying letter signed by an official from the company an Table dues.
applicant is using for MDRT qualification is required when
applying under the commission or premium method. 4. Life, Reduced Dues: USD 200
Otherwise, the application will be considered incomplete and • Life members who meet all four of the criteria below are
membership may be denied. These companies may include eligible to pay a reduced dues amount.
life insurance companies, agencies, brokerage companies, − A Life or a Qualifying & Life member, and
broker-dealers, banks or mutual fund companies. Also − Applying as a Life member, and
acceptable would be a certifying letter completed by a − 65 years of age by December 31, 2024, and
representative of the company/broker-dealer/brokerage − Have either 25 years of membership OR 20 years of
agency, a Certified Public Accountant (or equivalent) or a membership with production.
representative of the applicant’s personal
agency/corporation/office. Online payment options are available. For more information,please
• A Certified Public Accountant (CPA) or the equivalent may refer to your 2025 membership application.
sign certifying letters for financial planning fees/fees for
advice that are paid directly to the producer when applying 5. Disability Waiver
under the commission or premium method. • Life members who have been declared totally disabled for six
• Brokerage companies are defined as third-party wholesalers consecutive months during 2024 may petition for a waiver of
of insurance and investment products that are provided to payment of dues for the 2025 Table. A disability petition form
agents on behalf of insurance and investment companies. and doctor’s statement must be submitted by March 1, 2025,
Should an applicant be an official of a brokerage company, with the membership application. Each petition will be judged on
the product provider who pays the commissions must sign its own merit.
the certifying letter unless applying under the income
qualification method.

Page 6 Non-Core - 11/01/2023

6. Former Life Member Options • Fees paid for the placement of a product are eligible for
• Former Life and Qualifying & Life members who wish to credit toward the commission requirement, as are asset
rejoin MDRT have two options: management fees for mutual funds and wrap/asset
• Option One: They may choose not to pay back dues for the management accounts. The type of product placed
years missed and submit the current minimum production determines the type of credit the product receives (Risk-
and current membership dues with their application. Their Protection or Other).
member status will revert to Qualifying and they must again • Financial planning fees/fees for advice are eligible for
fulfill the requirements to attain Life or Qualifying & Life Other Products credit for the net fee paid to the agent/advisor.
status, which includes accumulating an additional nine Fees must be documented by certifying letter signed by a
years of Qualifying membership. company official, a broker-dealer official or a Certified
• Option Two: They may retain Life or Qualifying & Life Public Accountant (or equivalent) for qualifying members.
member status by paying back dues for the number of years • Group health insurance commissions are eligible in the first
missed, not to exceed a maximum of five years, and by year of the policy only. Additions to the group policy in
meeting the then current requirements for Life membership. subsequent years are not eligible for credit.
The maximum number of years for which back dues may be • Single premium and/or short-term endowment commissions
required will be reduced to three years if the member submits are only eligible in the first year of the policy. Short-term
qualifying production for the current year. The amount of endowment riders (max 15 years) to life insurance policies
back dues will be based upon the current dues at the time of are eligible for 100% of first-year commissions in the Risk-
reinstatement. Please note: Payment of back dues does not Protection category.
provide credit for member year(s) missed. • Long-term endowment commissions are only eligible in the
first year of the policy. Long-term endowment riders (16 or
V. CLARIFICATIONS more years) to life insurance policies are eligible for
1. Eligible Commissions, Fees 100% of first-year commissions in the Risk-Protection
Production credit (for commissions) will be based on category.
eligible commissions received during 2024. Credit may
include either earned or advanced (annualized) commissions 2. Eligible Premiums
or both. Advanced (annualized) or earned commissions must Production credit (for premium) will be based on eligible premium
be paid to the applicant in 2024 to be eligible for MDRT paid or new money invested during 2024. Please note:
credit. Please note: • If commissions are paid as earned, premium credit should be given
• Commissions paid on a levelized basis may be reported only for the amount of premium actually received during the
usingthe present value of up to the first five years’ production year.
commission discounted at 10% per year, not to exceed • If commissions are annualized, the premium credit should also
55% of first-year premium. be annualized. Any chargeback of annualized commissions
• Annualized commissions may be reported for credit if should also result in a reduction of that year’s premium credit.
paid, but any chargeback of annualized commissions • A policy that becomes effective in 2023 may result in
in a subsequent production year will result in a production credit for the amount of premium paid or new
reduction of that year’s production credit. money invested during 2024.
• If commissions are paid as earned, a policy effective in • Life insurance policies that exceed the annual premium or target
2023 may result in production credit for 2024. The premium are eligible for credit. First-year premium credit may
policy must be in force on December 31, 2023, but is be given in the Risk-Protection category up to the amount of
not required to be in force as of December 31, 2024. the annual/target premium. If the annual/target premium is
• Commission credit for pensions is based on the product exceeded, (sometimes referred to as a “top up”) premium credit
used to fund the pension (life insurance, annuities, may be given in the Risk-Protection category for 6% of the
mutual funds, etc.) which determines whether it amount that exceeded the annual/target premium.
receives Risk-Protection or Other Products credit.
• Commissions that are part of a deferred compensation
program may be claimed up front for MDRT credit,
provided they are not claimed again in later years.
• Life insurance policies that exceed the annual
premium or target premium are eligible for credit.
First-year commission credit may be given Risk-
Protection category for the commission paid on the For additional information, contact:
amount up to the annual/target premium. If the Million Dollar Round Table
annual/target premium is exceeded, (sometimes Member Relations Department
referred to as a “top up”) commission credit may be 325 West Touhy Avenue
given in the Risk-Protection category for the
Park Ridge, IL 60068 USA
commission paid on the amount that exceeded the
Phone: +1 847.692.6378
annual/target premium.
Fax: +1 847.518.8921
• Override commissions, training allowances, Website: mdrt.org
transition packages, training or sign-on bonuses and
Email: memberrelations@mdrt.org
other sales or expense allowances do NOT qualify
under the commission/premium method.

Page 7 Non-Core - 11/01/2023

• Financial planning fees/fees for advice are eligible for 5. Replacements
Other Products credit for the gross fee paid to the • Credit for individual life insurance policies may be claimed
company, broker-dealer or individual agent/advisor. Fees only for the amount of first-year commissions or premium on
must be documented by certifying letter signed by a the new policy that exceeds the first-year commissions or
company official, a broker-dealer official or a Certified premium for the policy being replaced. If the amount is not
Public Accountant (or equivalent) for qualifying members. known, then the amount of commissions being replaced shall
• Group health insurance premium is eligible for credit in the be calculated by multiplying the current commission times the
first year of the policy only. Additions to the group policy in appropriatepremium for the policy being replaced. Premium
subsequent years are not eligible for credit. credit can be determined by subtracting the replaced premium
• Single premium and/or short-term endowment premium is from the new premium.
only eligible in the first year of the policy. Short-term • Conversion of a permanent product to a permanent product is
endowment riders (max 15 years) to life insurance policies to be treated as a replacement for MDRT purposes. This
are eligible for 6% of first-year premium credit. applies only to replacement of individual life insurance
• Long-term endowment premium is only eligible in the first policies.
year of the policy. Long-term endowment riders (16 or more
years) to life insurance policies are eligible for 100% of 6. Definitions And Interpretations
first-year premium credit in the Risk-Protection category. • Business Paid for and Underwritten
• Premium credit for pensions is based on the product used to Business to be credited shall be paid for during the MDRT
fund the pension (life insurance, annuities, mutual funds, qualification period (January 1 through December 31).
etc.) which determines whether it receives Risk-Protection Business shall be considered to have been paid for as of the
or Other Products credit. date when the coverage first became fully effective with
home office approval from the standpoint of payment of the
3. Eligible Income claim (regardless of company practice or the distance
Production credit is based on annual gross income paid during between home and field office). However, no credit shall be
2024. Please note: allowed until the home office has finally accepted the
• See chart on page 4 for eligible products. premium and also until the first-year commissions have been
• Under this model, income is defined as first-year, trail and paid or credited to the agent’s account without any right
renewal commissions, as well as fees for product reserved to the insurance company to recover same, except in
placement, asset management fees and fees for advice. case of recall under the contestable provisions of the contract.
• Other production-based compensation, such as salaries On joint, partnership, corporate and/or brokerage business,
andproduction-based bonuses, are also eligible for credit. MDRT credit shall be given for only that portion of the
• Income contributed as part of a deferred compensation business on which the applicant has been compensated, either
planis eligible for credit. Credit should be taken during the by first-year commission or the equivalent.
production year when the deferred income was earned. • Health Insurance
• Override commissions are eligible only for personal Includes policies that pay for or reimburse for medical
production. expenses, including hospitalization, emergency care,
Income considered INELIGIBLE for MDRT credit includes: day-patient care, diagnosis and treatment, maternity care, as
• Training bonuses/allowances well as policies covering dental, vision and hearing. Critical
• Sales/expense allowances illness and Long-term care not considered Health Insurance
• Sign-on bonuses or transition packages and MDRT credit is addressed separately for them. See page
• Overrides derived from the production of others 4 for specifics.
• Non-cash compensation, such as incentive trips • Policy Counts
• Income from property and casualty insurance and A policy is defined as an individual contract covering one or
general insurance (fire, home, auto, etc.) more persons. A contract covering an individual should be
• Income from the sale of mortgages credited and reported to MDRT as one policy. Similarly, a
• Life settlements contract covering a group of people should also be counted as
one policy, regardless of the number of people covered under
• Money market accounts
the policy.
• In Force Requirement
4. Credit for Coverage Written on the Applicant, Spouse or
Dependents Credited business shall include only business which has not
been terminated on or before the last day of the MDRT
• Any business written on the applicant, applicant’s spouse or
qualification period (December 31) except for business
dependents may not exceed a maximum of 5% of the
terminated by death or term conversion.
current year’s MDRT production requirement (USD 4,050
• Securities
eligible commissions or USD 8,100 of eligible premium or
USD 7,000 of eligible income) if any of the premiums are Includes stocks, bonds or other equities. See page 4 for
paid, directly or indirectly, by the applicant or spouse. specifics.

Page 8 Non-Core - 11/01/2023

VI. ILLUSTRATIONS

Clarification of Income Qualification

• A minimum of USD 140,000 in annual gross income from the sale

or service of insurance and financial products is required.
• A minimum of USD 40,500 must be income from new business
generated during the production year.

ELIGIBLE for MDRT membership

Example 1
Applicant annual gross income 140,000
Applicant total new business 40,500

NOT Eligible for MDRT membership

Example 2
Applicant annual gross income 140,000
Applicant total new business 40,499

Page 9 Non-Core - 11/01/2023

 MDRT Annual Meeting*
June 22–25, 2025
Miami Beach, Florida, USA

MDRT Global Conference*

2025
TBD

Top of the Table Annual Meeting**

2025
TBD

MDRT EDGE Meeting***

2025
TBD

*Attendance at the MDRT Annual Meeting and

MDRT Global Conference is open to approved
2025 members and requires payment of
separate registration fees.
**Attendance at the Top of the Table Annual
Meeting is open to approved 2025 TOT
members and requires payment of separate
registration fees.
***MDRT EDGE Meeting is open to approved
2025 members from the U.S. and Canada and
requires payment of separate registration fees.

Visit mdrt.org or contact MDRT at +1 847.692.6378 or email meetings@mdrt.org

for meeting information and sponsorship opportunities.

Page 10 Non-Core - 11/01/2023

 COMMISSION AND PREMIUM PRODUCTION REQUIREMENTS FOR MEMBERSHIP
IN THE 2025 MILLION DOLLAR ROUND TABLE
Based on 2024 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)
Production requirements are set independently for each Market. Conversion/standardization factors have no relationship to
currency exchange rates and are used only to standardize MDRT processing.
For a complete list of Market requirements, see the MDRT website at mdrt.org/join/member-requirements/.

MDRT COT TOT Commission MDRT TOT Premium

Market Commission Commission Commission Conv Factor Premium COT Premium Premium Conv Factor
Angola 49,300 147,900 295,800 0.6086 98,600 295,800 591,600 0.6086
Anguilla 94,300 282,900 565,800 1.1641 188,600 565,800 1,131,600 1.1641
Antigua 149,500 448,500 897,000 1.8456 299,000 897,000 1,794,000 1.8456
Argentina 350,000 1,050,000 2,100,000 4.3209 700,000 2,100,000 4,200,000 4.3209
Armenia 12,709,000 38,127,000 76,254,000 156.9012 25,418,000 76,254,000 152,508,000 156.9012
Aruba 99,800 299,400 598,800 1.2320 199,600 598,800 1,197,600 1.2320
Australia 116,700 350,100 700,200 1.4407 233,400 700,200 1,400,400 1.4407
Azerbaijan 26,000 78,000 156,000 0.3209 52,000 156,000 312,000 0.3209
Bahamas 67,800 203,400 406,800 0.8370 135,600 406,800 813,600 0.8370
Bahrain 14,300 42,900 85,800 0.1765 28,600 85,800 171,600 0.1765
Bangladesh 2,185,900 6,557,700 13,115,400 26.9864 4,371,800 13,115,400 26,230,800 26.9864
Barbados 123,900 371,700 743,400 1.5296 247,800 743,400 1,486,800 1.5296
Belarus 97,131,700 291,395,100 582,790,200 1,199.1567 194,263,400 582,790,200 1,165,580,400 1,199.1567
Belgium 59,200 177,600 355,200 0.7308 118,400 355,200 710,400 0.7308
Belize 89,600 268,800 537,600 1.1061 179,200 537,600 1,075,200 1.1061
Bermuda 104,800 314,400 628,800 1.2938 209,600 628,800 1,257,600 1.2938
Bolivia 208,700 626,100 1,252,200 2.5765 417,400 1,252,200 2,504,400 2.5765
Bosnia-Herzegovina 53,700 161,100 322,200 0.6629 107,400 322,200 644,400 0.6629
Botswana 281,800 845,400 1,690,800 3.4790 563,600 1,690,800 3,381,600 3.4790
Brazil 187,200 561,600 1,123,200 2.3111 561,600 1,684,800 3,369,600 3.4666
British Virgin Islands 84,600 253,800 507,600 1.0444 169,200 507,600 1,015,200 1.0444
Brunei 47,700 143,100 286,200 0.5888 143,100 429,300 858,600 0.8833
Bulgaria 56,300 168,900 337,800 0.6950 112,600 337,800 675,600 0.6950
Cambodia 85,513,200 256,539,600 513,079,200 1,055.7185 342,052,800 1,026,158,400 2,052,316,800 2,111.4370
Cameroon 18,360,500 55,081,500 110,163,000 226.6728 36,721,000 110,163,000 220,326,000 226.6728
Canada 99,700 299,100 598,200 1.2308 199,400 598,200 1,196,400 1.2308
Cayman Islands 69,000 207,000 414,000 0.8518 138,000 414,000 828,000 0.8518
Channel Islands 55,100 165,300 330,600 0.6802 110,200 330,600 661,200 0.6802
Chile 32,916,500 98,749,500 197,499,000 406.3765 65,833,000 197,499,000 394,998,000 406.3765
China 245,700 737,100 1,474,200 3.0333 737,100 2,211,300 4,422,600 4.5500
Colombia 89,615,100 268,845,300 537,690,600 1,106.3592 179,230,200 537,690,600 1,075,381,200 1,106.3592
Costa Rica 26,751,400 80,254,200 160,508,400 330.2641 53,502,800 160,508,400 321,016,800 330.2641
Côte d'Ivoire 19,863,200 59,589,600 119,179,200 245.2246 39,726,400 119,179,200 238,358,400 245.2246
Croatia 242,800 728,400 1,456,800 2.9975 485,600 1,456,800 2,913,600 2.9975
Curacao 75,300 225,900 451,800 0.9296 150,600 451,800 903,600 0.9296
Cyprus 41,900 125,700 251,400 0.5172 83,800 251,400 502,800 0.5172
Czech Republic 1,011,600 3,034,800 6,069,600 12.4888 2,023,200 6,069,600 12,139,200 12.4888
Denmark 527,700 1,583,100 3,166,200 6.5148 1,055,400 3,166,200 6,332,400 6.5148
Dominica 133,100 399,300 798,600 1.6432 266,200 798,600 1,597,200 1.6432
Dominican Republic 1,380,700 4,142,100 8,284,200 17.0456 2,761,400 8,284,200 16,568,400 17.0456
Ecuador 41,100 123,300 246,600 0.5074 82,200 246,600 493,200 0.5074
Egypt 173,000 519,000 1,038,000 2.1358 519,000 1,557,000 3,114,000 3.2037
El Salvador 36,800 110,400 220,800 0.4543 73,600 220,800 441,600 0.4543
Estonia 42,600 127,800 255,600 0.5259 85,200 255,600 511,200 0.5259
Fiji 68,400 205,200 410,400 0.8444 136,800 410,400 820,800 0.8444
France 57,500 172,500 345,000 0.7098 115,000 345,000 690,000 0.7098
Georgia 70,500 211,500 423,000 0.8703 141,000 423,000 846,000 0.8703
Germany 58,700 176,100 352,200 0.7246 117,400 352,200 704,400 0.7246
Ghana 85,200 255,600 511,200 1.0518 170,400 511,200 1,022,400 1.0518
Gibraltar 54,600 163,800 327,600 0.6740 109,200 327,600 655,200 0.6740
Greece 43,900 131,700 263,400 0.5419 87,800 263,400 526,800 0.5419
Grenada 130,700 392,100 784,200 1.6135 261,400 784,200 1,568,400 1.6135
Guatemala 320,900 962,700 1,925,400 3.9617 641,800 1,925,400 3,850,800 3.9617
Guyana 6,618,100 19,854,300 39,708,600 81.7049 13,236,200 39,708,600 79,417,200 81.7049
Honduras 883,500 2,650,500 5,301,000 10.9074 1,767,000 5,301,000 10,602,000 10.9074
Hong Kong, China 471,300 1,413,900 2,827,800 5.8185 1,885,200 5,655,600 11,311,200 11.6370
Hungary 11,890,700 35,672,100 71,344,200 146.7987 23,781,400 71,344,200 142,688,400 146.7987
India 984,900 2,954,700 5,909,400 12.1592 3,939,600 11,818,800 23,637,600 24.3185
Indonesia 324,184,100 972,552,300 1,945,104,600 4,002.2728 648,368,200 1,945,104,600 3,890,209,200 4,002.2728

Page 11 Non-Core - 11/01/2023

 MDRT COT TOT Commission MDRT TOT Premium
Market Commission Commission Commission Conv Factor Premium COT Premium Premium Conv Factor
Ireland 64,000 192,000 384,000 0.7901 128,000 384,000 768,000 0.7901
Isle of Man 56,700 170,100 340,200 0.7000 113,400 340,200 680,400 0.7000
Israel 307,000 921,000 1,842,000 3.7901 614,000 1,842,000 3,684,000 3.7901
Italy 51,900 155,700 311,400 0.6407 103,800 311,400 622,800 0.6407
Jamaica West Indies 4,339,700 13,019,100 26,038,200 53.5765 8,679,400 26,038,200 52,076,400 53.5765
Japan 8,155,400 24,466,200 48,932,400 100.6839 24,466,200 73,398,600 146,797,200 151.0259
Jordan 22,800 68,400 136,800 0.2814 45,600 136,800 273,600 0.2814
Kazakhstan 6,681,600 20,044,800 40,089,600 82.4888 13,363,200 40,089,600 80,179,200 82.4888
Kenya 3,484,500 10,453,500 20,907,000 43.0185 6,969,000 20,907,000 41,814,000 43.0185
Kuwait 14,700 44,100 88,200 0.1814 29,400 88,200 176,400 0.1814
Laos 231,899,400 695,698,200 1,391,396,400 2,862.9555 463,798,800 1,391,396,400 2,782,792,800 2,862.9555
Latvia 36,200 108,600 217,200 0.4469 72,400 217,200 434,400 0.4469
Lebanon 77,286,000 231,858,000 463,716,000 954.1481 154,572,000 463,716,000 927,432,000 954.1481
Lithuania 36,100 108,300 216,600 0.4456 72,200 216,600 433,200 0.4456
Luxembourg 69,100 207,300 414,600 0.8530 138,200 414,600 829,200 0.8530
Macau, China 371,500 1,114,500 2,229,000 4.5864 1,486,000 4,458,000 8,916,000 9.1728
Macedonia 1,515,400 4,546,200 9,092,400 18.7086 3,030,800 9,092,400 18,184,800 18.7086
Malaysia 127,000 381,000 762,000 1.5679 381,000 1,143,000 2,286,000 2.3518
Malta 24,900 74,700 149,400 0.3074 49,800 149,400 298,800 0.3074
Mauritius 1,343,300 4,029,900 8,059,800 16.5839 2,686,600 8,059,800 16,119,600 16.5839
Mexico 743,500 2,230,500 4,461,000 9.1790 1,487,000 4,461,000 8,922,000 9.1790
Montenegro 6,000 18,000 36,000 0.0740 12,000 36,000 72,000 0.0740
Montserrat 66,400 199,200 398,400 0.8197 132,800 398,400 796,800 0.8197
Mozambique 1,742,600 5,227,800 10,455,600 21.5135 3,485,200 10,455,600 20,911,200 21.5135
Myanmar 28,071,900 84,215,700 168,431,400 346.5666 56,143,800 168,431,400 336,862,800 346.5666
Namibia 455,400 1,366,200 2,732,400 5.6222 910,800 2,732,400 5,464,800 5.6222
Nepal 1,564,300 4,692,900 9,385,800 19.3123 4,692,900 14,078,700 28,157,400 28.9685
Netherlands 61,800 185,400 370,800 0.7629 123,600 370,800 741,600 0.7629
New Zealand 114,700 344,100 688,200 1.4160 229,400 688,200 1,376,400 1.4160
Nicaragua 937,800 2,813,400 5,626,800 11.5777 1,875,600 5,626,800 11,253,600 11.5777
Nigeria 6,479,000 19,437,000 38,874,000 79.9876 12,958,000 38,874,000 77,748,000 79.9876
Norway 763,400 2,290,200 4,580,400 9.4246 1,526,800 4,580,400 9,160,800 9.4246
Oman 15,000 45,000 90,000 0.1851 30,000 90,000 180,000 0.1851
Pakistan 1,998,100 5,994,300 11,988,600 24.6679 3,996,200 11,988,600 23,977,200 24.6679
Panama 37,200 111,600 223,200 0.4592 74,400 223,200 446,400 0.4592
Peru 135,100 405,300 810,600 1.6679 270,200 810,600 1,621,200 1.6679
Philippines 1,423,500 4,270,500 8,541,000 17.5740 2,847,000 8,541,000 17,082,000 17.5740
Poland 142,200 426,600 853,200 1.7555 284,400 853,200 1,706,400 1.7555
Portugal 45,200 135,600 271,200 0.5580 135,600 406,800 813,600 0.8370
Qatar 168,500 505,500 1,011,000 2.0802 337,000 1,011,000 2,022,000 2.0802
Republic of Korea 67,873,100 203,619,300 407,238,600 837.9395 169,682,750 509,048,250 1,018,096,500 1,047.4243
Romania 135,400 406,200 812,400 1.6716 270,800 812,400 1,624,800 1.6716
Saudi Arabia 147,300 441,900 883,800 1.8185 294,600 883,800 1,767,600 1.8185
Serbia 3,192,800 9,578,400 19,156,800 39.4172 6,385,600 19,156,800 38,313,600 39.4172
Singapore 72,400 217,200 434,400 0.8938 217,200 651,600 1,303,200 1.3407
Slovakia 42,200 126,600 253,200 0.5209 84,400 253,200 506,400 0.5209
Slovenia 44,400 133,200 266,400 0.5481 88,800 266,400 532,800 0.5481
South Africa 316,000 948,000 1,896,000 3.9012 632,000 1,896,000 3,792,000 3.9012
Spain 50,100 150,300 300,600 0.6185 100,200 300,600 601,200 0.6185
Sri Lanka 3,007,600 9,022,800 18,045,600 37.1308 6,015,200 18,045,600 36,091,200 37.1308
St. Kitts and Nevis 136,300 408,900 817,800 1.6827 272,600 817,800 1,635,600 1.6827
St. Lucia 144,900 434,700 869,400 1.7888 289,800 869,400 1,738,800 1.7888
St. Maarten 78,600 235,800 471,600 0.9703 157,200 471,600 943,200 0.9703
St. Vincent 120,500 361,500 723,000 1.4876 241,000 723,000 1,446,000 1.4876
Suriname 266,300 798,900 1,597,800 3.2876 532,600 1,597,800 3,195,600 3.2876
Sweden 702,300 2,106,900 4,213,800 8.6703 1,404,600 4,213,800 8,427,600 8.6703
Switzerland 88,900 266,700 533,400 1.0975 177,800 533,400 1,066,800 1.0975
Taiwan Area 1,388,600 4,165,800 8,331,600 17.1432 2,777,200 8,331,600 16,663,200 17.1432
Tanzania 61,744,800 185,234,400 370,468,800 762.2814 123,489,600 370,468,800 740,937,600 762.2814
Thailand 971,900 2,915,700 5,831,400 11.9987 1,943,800 5,831,400 11,662,800 11.9987
Togo 18,293,000 54,879,000 109,758,000 225.8395 36,586,000 109,758,000 219,516,000 225.8395
Tonga 123,100 369,300 738,600 1.5197 246,200 738,600 1,477,200 1.5197
Trinidad & Tobago 312,800 938,400 1,876,800 3.8617 625,600 1,876,800 3,753,600 3.8617
Turkey 226,700 680,100 1,360,200 2.7987 906,800 2,720,400 5,440,800 5.5975
Turks & Caicos 86,100 258,300 516,600 1.0629 172,200 516,600 1,033,200 1.0629
Uganda 105,647,100 316,941,300 633,882,600 1,304.2851 211,294,200 633,882,600 1,267,765,200 1,304.2851

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 MDRT COT TOT Commission MDRT TOT Premium
Market Commission Commission Commission Conv Factor Premium COT Premium Premium Conv Factor
Ukraine 300,700 902,100 1,804,200 3.7123 601,400 1,804,200 3,608,400 3.7123
United Arab Emirates 175,000 525,000 1,050,000 2.1604 350,000 1,050,000 2,100,000 2.1604
United Kingdom 55,200 165,600 331,200 0.6814 110,400 331,200 662,400 0.6814
United States 81,000 243,000 486,000 1.0000 162,000 486,000 972,000 1.0000
Uruguay 1,342,100 4,026,300 8,052,600 16.5691 2,684,200 8,052,600 16,105,200 16.5691
Venezuela 548,994 1,646,982 3,293,964 6.7777 1,097,988 3,293,964 6,587,928 6.7777
Vietnam 405,915,000 1,217,745,000 2,435,490,000 5,011.2962 811,830,000 2,435,490,000 4,870,980,000 5,011.2962
Zambia 253,400 760,200 1,520,400 3.1283 506,800 1,520,400 3,040,800 3.1283
Zimbabwe 5,900,600 17,701,800 35,403,600 72.8469 11,801,200 35,403,600 70,807,200 72.8469

Page 13 Non-Core - 11/01/2023

 INCOME PRODUCTION REQUIREMENTS FOR MEMBERSHIP
IN THE 2025 MILLION DOLLAR ROUND TABLE
Based on 2024 production, expressed in local currency.
Production credit must be reported in U.S. dollars on Certifying Letters.
Production requirements are set independently for each Market. Conversion (Conv) factors have no relationship to currency exchange rates and are used only to
standardize MDRT processing. (Local currency divided by the income conversion = U.S. MDRT requirement.) Qualification under this method is based on a
requirement of USD 140,000 in annual gross income from insurance and financial products. A minimum of USD 40,500 must be income from new business generated
during the production year. For a complete list of Market requirements, see the MDRT website at mdrt.org/join/member-requirements/.

Market MDRT Income COT Income TOT Income Income Conv Factor
Angola 85,400 256,200 512,400 0.6100
Anguilla 163,200 489,600 979,200 1.1657
Antigua 258,900 776,700 1,553,400 1.8492
Argentina 606,100 1,818,300 3,636,600 4.3292
Armenia 22,011,500 66,034,500 132,069,000 157.2250
Aruba 172,900 518,700 1,037,400 1.2350
Australia 202,100 606,300 1,212,600 1.4435
Azerbaijan 45,100 135,300 270,600 0.3221
Bahamas 117,400 352,200 704,400 0.8385
Bahrain 24,800 74,400 148,800 0.1771
Bangladesh 3,785,900 11,357,700 22,715,400 27.0421
Barbados 214,600 643,800 1,287,600 1.5328
Belarus 168,228,100 504,684,300 1,009,368,600 1201.6292
Belgium 102,500 307,500 615,000 0.7321
Belize 155,100 465,300 930,600 1.1078
Bermuda 181,500 544,500 1,089,000 1.2964
Bolivia 361,400 1,084,200 2,168,400 2.5814
Bosnia-Herzegovina 93,100 279,300 558,600 0.6650
Botswana 488,000 1,464,000 2,928,000 3.4857
Brazil 324,200 972,600 1,945,200 2.3157
British Virgin Islands 146,500 439,500 879,000 1.0464
Brunei 82,700 248,100 496,200 0.5907
Bulgaria 97,500 292,500 585,000 0.6964
Cambodia 148,105,300 444,315,900 888,631,800 1057.8950
Cameroon 31,797,600 95,392,800 190,785,600 227.1257
Canada 172,700 518,100 1,036,200 1.2335
Cayman Islands 119,500 358,500 717,000 0.8535
Channel Islands 95,500 286,500 573,000 0.6821
Chile 57,009,900 171,029,700 342,059,400 407.2135
China 425,600 1,276,800 2,553,600 3.0400
Colombia 155,209,600 465,628,800 931,257,600 1108.6400
Costa Rica 46,332,300 138,996,900 277,993,800 330.9450
Côte d'Ivoire 34,402,200 103,206,600 206,413,200 245.7300
Croatia 420,500 1,261,500 2,523,000 3.0035
Curacao 130,400 391,200 782,400 0.9314
Cyprus 72,600 217,800 435,600 0.5185
Czech Republic 1,752,100 5,256,300 10,512,600 12.5150
Denmark 914,000 2,742,000 5,484,000 6.5285
Dominica 230,500 691,500 1,383,000 1.6464
Dominican Republic 2,391,300 7,173,900 14,347,800 17.0807
Ecuador 71,200 213,600 427,200 0.5085
Egypt 299,700 899,100 1,798,200 2.1407
El Salvador 63,700 191,100 382,200 0.4550
Estonia 73,800 221,400 442,800 0.5271
Fiji 118,500 355,500 711,000 0.8464
France 99,600 298,800 597,600 0.7114
Georgia 122,000 366,000 732,000 0.8714
Germany 101,700 305,100 610,200 0.7264
Ghana 147,500 442,500 885,000 1.0535
Gibraltar 94,100 282,300 564,600 0.6721
Greece 76,000 228,000 456,000 0.5428
Grenada 226,400 679,200 1,358,400 1.6171
Guatemala 555,800 1,667,400 3,334,800 3.9700
Guyana 11,462,300 34,386,900 68,773,800 81.8735
Honduras 1,530,200 4,590,600 9,181,200 10.9300
Hong Kong, China 816,200 2,448,600 4,897,200 5.8300
Hungary 20,594,200 61,782,600 123,565,200 147.1014
India 1,705,800 5,117,400 10,234,800 12.1842
Indonesia 561,473,500 1,684,420,500 3,368,841,000 4010.5250

Page 14 Non-Core - 11/01/2023

 Market MDRT Income COT Income TOT Income Income Conv Factor
Ireland 110,800 332,400 664,800 0.7914
Isle of Man 98,200 294,600 589,200 0.7014
Israel 531,700 1,595,100 3,190,200 3.7978
Italy 89,900 269,700 539,400 0.6421
Jamaica West Indies 7,516,200 22,548,600 45,097,200 53.6871
Japan 14,124,900 42,374,700 84,749,400 100.8921
Jordan 39,500 118,500 237,000 0.2821
Kazakhstan 11,572,300 34,716,900 69,433,800 82.6592
Kenya 6,035,100 18,105,300 36,210,600 43.1078
Kuwait 25,500 76,500 153,000 0.1821
Laos 401,186,000 1,203,558,000 2,407,116,000 2865.6142
Latvia 62,600 187,800 375,600 0.4471
Lebanon 133,856,000 401,568,000 803,136,000 956.1142
Lithuania 62,600 187,800 375,600 0.4471
Luxembourg 119,700 359,100 718,200 0.8550
Macau, China 643,400 1,930,200 3,860,400 4.5957
Macedonia 2,624,600 7,873,800 15,747,600 18.7471
Malaysia 220,000 660,000 1,320,000 1.5714
Malta 43,200 129,600 259,200 0.3085
Mauritius 2,326,500 6,979,500 13,959,000 16.6178
Mexico 1,287,800 3,863,400 7,726,800 9.1985
Montenegro 10,400 31,200 62,400 0.0742
Montserrat 115,000 345,000 690,000 0.8214
Mozambique 3,018,100 9,054,300 18,108,600 21.5578
Myanmar 48,619,400 145,858,200 291,716,400 347.2814
Namibia 788,700 2,366,100 4,732,200 5.6335
Nepal 2,709,300 8,127,900 16,255,800 19.3521
Netherlands 107,000 321,000 642,000 0.7642
New Zealand 198,700 596,100 1,192,200 1.4192
Nicaragua 1,624,200 4,872,600 9,745,200 11.6014
Nigeria 11,221,400 33,664,200 67,328,400 80.1528
Norway 1,322,200 3,966,600 7,933,200 9.4442
Oman 26,000 78,000 156,000 0.1857
Pakistan 3,460,600 10,381,800 20,763,600 24.7185
Panama 64,400 193,200 386,400 0.4600
Peru 234,000 702,000 1,404,000 1.6714
Philippines 2,465,500 7,396,500 14,793,000 17.6107
Poland 246,300 738,900 1,477,800 1.7592
Portugal 78,300 234,900 469,800 0.5592
Qatar 291,800 875,400 1,750,800 2.0842
Republic of Korea 117,553,400 352,660,200 705,320,400 839.6671
Romania 234,500 703,500 1,407,000 1.6750
Saudi Arabia 255,200 765,600 1,531,200 1.8228
Serbia 5,529,900 16,589,700 33,179,400 39.4992
Singapore 125,400 376,200 752,400 0.8957
Slovakia 73,100 219,300 438,600 0.5221
Slovenia 76,900 230,700 461,400 0.5492
South Africa 547,300 1,641,900 3,283,800 3.9092
Spain 86,700 260,100 520,200 0.6192
Sri Lanka 5,209,100 15,627,300 31,254,600 37.2078
St. Kitts and Nevis 236,000 708,000 1,416,000 1.6857
St. Lucia 250,900 752,700 1,505,400 1.7921
St. Maarten 136,100 408,300 816,600 0.9721
St. Vincent 208,600 625,800 1,251,600 1.4900
Suriname 461,300 1,383,900 2,767,800 3.2950
Sweden 1,216,300 3,648,900 7,297,800 8.6878
Switzerland 154,000 462,000 924,000 1.1000
Taiwan Area 2,405,100 7,215,300 14,430,600 17.1792
Tanzania 106,939,400 320,818,200 641,636,400 763.8528
Thailand 1,683,300 5,049,900 10,099,800 12.0235
Togo 31,682,900 95,048,700 190,097,400 226.3064
Tonga 213,300 639,900 1,279,800 1.5235
Trinidad & Tobago 541,800 1,625,400 3,250,800 3.8700
Turkey 392,200 1,176,600 2,353,200 2.8014
Turks & Caicos 149,100 447,300 894,600 1.0650
Uganda 182,976,400 548,929,200 1,097,858,400 1306.9742

Page 15 Non-Core - 11/01/2023

 Market MDRT Income COT Income TOT Income Income Conv Factor
Ukraine 520,800 1,562,400 3,124,800 3.7200
United Arab Emirates 303,000 909,000 1,818,000 2.1642
United Kingdom 95,600 286,800 573,600 0.6828
United States 140,000 420,000 840,000 1.0000
Uruguay 2,324,500 6,973,500 13,947,000 16.6035
Venezuela 950,800 2,852,400 5,704,800 6.7914
Vietnam 703,028,000 2,109,084,000 4,218,168,000 5021.6285
Zambia 438,800 1,316,400 2,632,800 3.1342
Zimbabwe 10,219,300 30,657,900 61,315,800 72.9950

Page 16 Non-Core - 11/01/2023