Eligible Dependent

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Definition - What does Eligible Dependent mean?

An eligible dependent is a person who is financially dependent on an insurance policyholder. Many insurance policies provide benefits for eligible dependents in addition to the primary policyholder. This is very common for health insurance policies. So, for example, a person who receives health insurance through their employer may also get coverage for their child through the same plan.

Insuranceopedia explains Eligible Dependent

Insurance policies often include coverage for eligible dependents because dependents cannot afford to pay for insurance themselves. Having coverage for an eligible dependent can save a parent, spouse, or caretaker the trouble of purchasing individual policies for everyone who depends on them. There are, however, certain eligibility criteria for dependents. For example, once a child reaches adulthood, they may no longer be entitled to coverage from their parent's policy.


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