INSURABLE INTEREST
Dictionary entry overview: What does insurable interest mean? • INSURABLE INTEREST (noun)
The noun INSURABLE INTEREST has 1 sense:
1. an interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insured
Familiarity information: INSURABLE INTEREST used as a noun is very rare.
Dictionary entry details
• INSURABLE INTEREST (noun)
Meaning:
An interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insured
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("insurable interest" is a kind of...):
interest; stake ((law) a right or legal share of something; a financial involvement with something)
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