INSURABLE INTEREST

Pronunciation (US):

(GB):

 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)

Sense 1

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)