COT Full Form in Insurance
The full form of COT in the field of insurance can be described as Court of the Table. It is a widely recognized platform that recognizes insurance agents who produce extraordinary results that encourage fellow agents. The Court of Table insurance professionals are required to be ethical and work in the best interests for their customers. The COT Insurance Agents are a prestigious set of professionals that are trustworthy and client-focused.
Also Read: oe full form in GST
The benefits of becoming COT insurance agents
The process of becoming a court-of-the-table insurance agent can open up a variety of opportunities for growth for agents both in terms of earnings and career prospects. They will get a lot of opportunities to be able to attend exclusive events happening across the globe. COT members COT are able to network and interact with the top financial professionals and gain their experience. Additionally, they have access to individuals with high net worth which could lead to higher earnings and greater opportunities.
Requirements for qualification for COT Insurance agents.
To be an eligible Court of Table insurance agent an agent must meet specific requirements. The applicant should have worked in the capacity of MDRT agent for MDRT agent for at least three years. They should have earned an insurance commission in excess of two lakhs over three years.
