Investopedia

Gatekeeper

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Dictionary Says

Definition of 'Gatekeeper'

Requirements that must be met before an individual can qualify for a long-term care plan. A person must qualify for the plan's benefits before he or she can be paid out.
Investopedia Says

Investopedia explains 'Gatekeeper'

These standards are called gatekeepers because they are what stands between the individual and the policy payouts.

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