What does Eligible Dependent mean? Read on to discover the definition & meaning of the term Eligible Dependent - to help you better understand the language used in insurance policies.
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.
We hope the you have a better understanding of the meaning of Eligible Dependent.