[서울=뉴시스] Reporter Shin Hang-seop = Kyobo Life Insurance introduced on the sixteenth that it held the ‘2024 Kyobo MDRT DAY’ on the Kyobo Life Insurance Training Center situated in Gyeseongwon, Cheonan, Chungcheongnam-do on the 14th.
Kyobo Life Insurance has been holding MDRT DAY for 11 years since 2014 to unfold the correct insurance coverage gross sales tradition and follow the spirit of sharing. This is an occasion that awakens consciousness of the worth of life insurance coverage {and professional} ethics for unique monetary planners (FPs) and motivates them as FPs.
MDRT (Million Dollar Round Table) is a world gathering of life insurance coverage planners from world wide that began within the United States in 1927.
To qualify for MDRT membership, within the United States, an annual payment of $74,000 or insurance coverage premiums of $148,000 are required, and in Korea, an annual payment of 62.5 million gained or insurance coverage premiums of 156 million gained have to be achieved. They present wonderful customer support based mostly on the very best degree of professionalism and ethics.
Kyobo MDRT tradition is in step with the spirit pursued by the American MDRT Association, however has clarified its skilled ethics as an insurer by way of full subscription and upkeep. Unlike the American MDRT, which has no detailed standards aside from insurance coverage gross sales efficiency, Kyobo MDRT members are chosen based mostly on not solely gross sales efficiency but in addition moral requirements resembling retention fee and incomplete gross sales fee.
The firm defined that the rationale it’s working laborious to determine the MDRT tradition and unfold the correct life insurance coverage tradition is as a result of it’s implementing a gross sales technique centered on unique planners.
Recently, within the insurance coverage trade, gross sales competitors has led to the unfold of gross sales division and GA (company insurance coverage businesses) have emerged as a significant gross sales channel. However, to be able to present clients with full subscription and optimum protection upkeep providers that match the worth of life insurance coverage, the unique agent channel is required. It is judged to be extra acceptable.
The occasion, attended by about 490 Kyobo MDRT FPs, area gross sales managers, headquarters executives and crew leaders, opened with the ‘Kyobo MDRT Ethics Oath’. Kyobo Life Insurance FPs pledged to serve clients by complying with 5 codes of ethics: ▲ prioritizing buyer pursuits ▲ offering the very best recommendation ▲ sustaining buyer confidentiality ▲ rational decision-making ▲ compliance with enterprise ethics and legal guidelines.
Next, Shin Chang-jae, CEO and Chairman of the Board of Kyobo Life Insurance, shared the Kyobo MDRT tradition and communicated with FPs below the theme of ‘Let’s obtain larger success by giving generously.’
Shin Chang-jae, Chairman of Kyobo Life Insurance, defined, “Life insurance coverage is probably the most lovely social system on this planet, wherein others assist individuals experiencing hardships out of affection for his or her neighbors.”
He went on to say, “An insurance coverage marketing consultant just isn’t merely an individual who ‘sells’ insurance coverage merchandise, however an individual who ‘saves (insures) individuals (households)’” and “offers options to clients’ issues with a way of duty and mission as a life insurance coverage firm.” “We should present clients with monetary and psychological stability in addition to hope in life,” he emphasised.
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