June 3, 2025 by Kenneth Millar « Back to Glossary IndexA person who relies on another for his or her financial support. Within limits, those who support dependents are allowed to claim certain exemptions when filing income taxes. Related Articles: Glossary: Convertible Term InsuranceGlossary: Life InsuranceGlossary: Permanent Life InsuranceGlossary: Split-Dollar Life InsuranceGlossary: Term Insurance« Back to Glossary Index