Gatekeeper

What Does Gatekeeper Mean?
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 explains Gatekeeper
These standards are called gatekeepers because they are what stands between the individual and the policy payouts.

Related Terms

Insurance
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What is a gatekeeper?
Intro To Insurance: Health Insurance - Without proper health insurance, an illness or accident can wipe you out financially and put you and your family in debt for years.
15 Insurance Policies You Don't Need - Learn how to save money by saying "no" to unnecessary coverage.
Taking The Surprise Out Of Long-Term Care - Don't be caught unprepared - find out what to look for in LTC insurance policies.
Life Insurance: Putting A Price On Peace Of Mind - Would your death leave loved ones financially stranded? Find out how to ease your mind and keep them protected.
What Does Medicare Cover? - Don't assume you're insured. Find out what you can expect from this healthcare program.
Long-Term Care Insurance: Who Needs It? - No one is immune to the possibility of one day needing long-term care - and the costs can deplete a life savings.
Try the Variable Annuities Simplified Tool

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