insurable interest

1. 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

   Broaderinterest

Questions about insurable interest

What does insurable interest mean?

insurable interest means "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".

Is insurable interest a common word?

insurable interest is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.