| has gloss | eng: The Million Dollar Round Table, abbreviated MDRT is a professional trade association formed in 1927 to help insurance salespeople and financial advisors establish best business practices and develop ethical and effective ways to increase client interest in financial products, specifically risk based products like life insurance, disability and long term care. The name, Million Dollar Round Table emanated from a group of 32 successful life insurance agents who met at the Peabody Hotel in Memphis, Tennessee. Each of these extraordinary men could demonstrate they had sold more than $1,000,000 of life insurance that year. Their meeting focused on improving technical knowledge and enhancing their sales abilities as well as maintaining ethical standards in an oft-maligned and misunderstood industry. The 1927 meeting evolved into the formation of the organization that exists today. An organization dedicated to encouraging ethical values, sharing ideas and concepts clients have found to be valuable and helping to improve business practices. |
