Meaning Of The Word Insurable interest

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What's the definition of Insurable interest? Find Insurable interest meanings, definitions and more at the Real Dictionary online.

Insurable interest Meaning

Insurable interest Definition
Insurable interest Definition

What's The Definition Of Insurable interest?

insurable interest in British English
noun: a financial or other interest in the life or property covered by an insurance contract, without which the contract cannot be enforced

insurable interest in Insurance
noun: If a person has an insurable interest in the life or property covered by an insurance contract, they would suffer financial loss if the thing insured were damaged or destroyed.

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