Dependent
A person who relies on another for economic support. For insurance purposes, the following may be included:
- the insured's legal spouse;
- any unmarried children younger than a specified age who are dependent upon the insured for support (age requirements vary from plan to plan);
- unmarried children between specified years of age who are dependent upon the insured for support, and who are full-time students in an educational institution (age requirements vary).
Popular Insurance Terms
request by an insured for indemnification by an insurance company for loss incurred from an insured peril. ...
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Maintenance of Social Security benefits at current dollar or percentage levels. Social Security benefits are indexed to the Consumer Price Index and rise in tandem with the Index. A benefit ...
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