What is the COT Full Form in Insurance?
The COT full form in insurance is Court of the Table. It is a nationally recognized forum that honors insurance agents who consistently produce exceptional results to inspire fellow agents. Court of the table insurance agents are expected to act ethically and fight for the best interest of their clients. COT insurance agents are an elite set of professionals who are honest and client-centric.
Advantages of becoming a COT insurance agent
Qualifying to be a court-of-the-table insurance agent opens up several avenues of growth for the agents, both in terms of income and job prospects. They will be given tremendous opportunities to attend exclusive events that are happening globally. The members of COT can interact and network with top finance professionals and learn from their expertise. Also, they gain access to high-net-worth individuals which can lead to better pay and bigger opportunities.
Qualification requirement for COT insurance agents.
To qualify as a Court of Table insurance agent, the agent must pass certain criteria. The candidate should have served as an MDRT agent for a minimum of 3 years and would have obtained an insurance commission of over two lakhs consecutively for three years.