MDRT convention to take place in Mumbai

The Million Dollar Round Table convention, one of the most prestigious events for life insurance agents will be conducted at the Renaissance Hotel in Powai, Mumbai, on 26th January ‘06. Stephen Rothschild, the president of MDRT (USA), will inaugurate it. The top-notch dignitaries in insurance sector will grace the event with their presence. The convention is aimed at spreading awareness in India. This MDRT Day celebration is specially being conducted for the members to have an experience of the convention that is held in the US and who are unable to attend it. An Indian agent who earns a commission of over Rs 5 lakh is pre-qualified for MDRT membership. In order to get membership, the agent has to pay Rs 20,000 as the registration fee; besides, it costs a lot to attend the MDRT meetings held in US. Moreover not many stand lucky as far as the visa is concerned. Considering these facts, not many MDRT agents get an opportunity to attend the convention in US. Hence this move is taken especially for those agents who are not able to be a part of the convention.