The scientific method that is equitable, and can be fairly applied relies on the Purchasing Power Parity (PPP) index produced by the World Bank. The World Bank is a recognized, comprehensive, global source for such data and they generate the most comprehensive and reliable information for this type of measurement.

In its simplest form, the PPP index is a comparison of the average prices of goods and services between two countries. The conversion occurs in a way to ensure that a given amount of one country's currency will purchase the same basket of goods (i.e.: food, clothing, shelter, etc.) and services in the second country as it does in the first.

To understand the PPP index and the information that it conveys, consider a good that remains the same, no matter where the item is sold. For this example, let's assume that a good costs $500 USD in the United States and $600 USD in Country A. Suppose that $600 USD is the equivalent of 3,000 units of country A's local currency (using the official exchange rate established by the World Bank). Then, we could say that same good that costs $500 USD costs 3,000 units of local currency in Country A. Thus, the PPP index would express the relative prices of the same good in each country's currency (3,000/500=6).

The actual PPP measure includes hundreds of goods from approximately 155 categories of GNP, for each country in the study. It also applies weights to depict the relative use of these goods, so that the index represents accurately the importance of these goods to the economy.

Annual Meeting attendees are exposed to some of the most innovative sales ideas in the life insurance-based, financial services business. The meeting offers about 100 speakers during its sales ideas breakfast sessions, motivational Main Platform presentations, educational afternoon sessions, and insightful evening sessions. And, perhaps most importantly, members can network with their peers from around the world, building friendships that last a lifetime.

You can read about this year's program on the Annual Meeting section of this site.

2012 — June 10 to 13, Anaheim, California, USA

2013 — June 9 to 12, Philadelphia, Pennsylvania, USA

There is no cost to enroll in the MDRT Mentoring Program.

Upon reaching 50 percent of the MDRT membership requirement the first year and 80 percent the next year, aspirant(s) will be allowed to attend the Annual Meeting accompanied by their mentor.  The aspirant must submit their year-end production totals to the mentoring department in order to qualify.  MDRT will send complete instructions for the aspirant to follow.

1) Productivity. We exist to recognize your productivity, as well as to help you increase your productivity. By attending the annual meeting, reading Round the Table magazine and the Proceedings, and through MDRT products you will learn from the best in the business how to increase your bottom line.

2) Professionalism. You will learn to run your practice like a business, keeping more of what you earn at the same time as improving your client relations and customer service. You will also learn how to deal with technology, staffing and other business management issues.

3) Personal Growth. Through the Whole Person Concept, you will learn how to give the needed attention to all areas of your life. The resulting balance in your personal and professional life will enable you to have a greater satisfaction in life, as well as helping to extend your success into the future by avoiding burnout.

1) Request an application.
    Call MDRT or request an application online.

2) Complete the application form. Answer all questions completely.

3) Send the certifying letter(s) to your company(ies) if required. You may make a copy of the certifying letter form if you need to send one to more than one company.

4) Return the completed application, certifying letters, and dues payment to MDRT in the envelope we provide. Send it by March 1 to avoid the USD 200 additional fee. Note: Faxed and e-mailed applications are not accepted. We strongly encourage you to send the application by registered air mail, certified mail or courier service to ensure you have a receipt showing the date the forms were mailed.

This depends on when you send in your application. Approximate time expected to process your application is as follows:

If you are paid directly by a company, your certifying letter should be signed by them. If the company pays an agency, corporation, etc., the company should sign the certifying letter in the name of the corporation. If you wish to claim production paid from a broker/dealer, the broker/dealer should complete the certifying letter indicating your personal MDRT credit paid. Note: You may not sign your own certifying letter.

If paid by an agency or broker/dealer, please complete the certifying letter worksheet.

If you are applying under the income qualification method, you must sign your certifying letter and attach documentation.