"Financial dependents" refers to individuals who rely on someone else for financial support. These individuals cannot fully support themselves financially and rely on another person, usually a family member, for their basic needs and expenses.
Sentences with «financial dependents»
Consider your number of financial dependents you have and the level of your current income when calculating how much life insurance coverage to purchase. (lifeinsurance.org)
If you have a spouse, children or other financial dependents, a life insurance policy helps ensure their security. (lifeinsurance.org)
Life insurance helps your family and financial dependents when you pass away. (valuepenguin.com)