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2 definitions found
From The Collaborative International Dictionary of English v.0.48 [gcide]:
Insurable \In*sur"a*ble\, a. [From {Insure}.]
Capable of being insured against loss, damage, death, etc.;
proper to be insured.
[1913 Webster]
The French law annuls the latter policies so far as
they exceed the insurable interest which remained in
the insured at the time of the subscription thereof.
--Walsh.
[1913 Webster]
From WordNet (r) 2.0 [wn]:
insurable
adj : capable of being insured or eligible to be insured
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