insurableadj.
/ɪnˈʃʊərəb(ə)l/ Capable of being, or proper to be, insured (in sense 5 of the verb); sufficient to form a ground for insurance (esp. in insurable interest).
ΘΚΠ
society > trade and finance > financial dealings > insurance > [adjective] > insurable
insurable1814
1814 Ann. Reg. 1813 App. to Chron. 302/2 At..the period of the insurance..he was not in insurable health.
1821 J. Bentham Elements Art of Packing 51 Situation not being insurable, either at the Equitable or the Amicable.
1848 J. Arnould Law Marine Insurance I. i. x. 230 An expectancy, coupled with a present existing title to that out of which the expectancy arises, is an insurable interest.
1884 Pall Mall Gaz. 15 Jan. 1/2 Freight will no longer be insurable, or, if insurable, allowance will be made in the amount recovered for the expenses which the owner would have incurred, but did not in point of fact incur, in earning the freight.
Derivatives
insuraˈbility n. the quality of being insurable.
ΘΚΠ
society > trade and finance > financial dealings > insurance > [noun] > quality of being insurable
insurability1884
1884 Law Times Rep. 51 244/2 Written opinions..as to the insurability or uninsurability of the life of..Harvey.
This entry has not yet been fully updated (first published 1900; most recently modified version published online December 2019).
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adj.1814