What does Eligibility Requirements mean? Read on to discover the definition & meaning of the term Eligibility Requirements - to help you better understand the language used in insurance policies.
Eligibility requirements, in the context of insurance, are requirements that an individual must meet in order to qualify for an insurance policy. Insurance companies use these requirements to screen out high-risk people. There are different eligibility requirements for different types of insurance.
We hope the you have a better understanding of the meaning of Eligibility Requirements.