insurability

American  

[in-shoor-uh-bil-i-tee, in-shur-] / ɪnˌʃʊər əˈbɪl ɪ ti, ɪnˌʃɜr- /

noun

1. the quality or fact of being able or eligible to be insured.

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Other Word Forms

• noninsurability noun
• uninsurability noun

Example Sentences

Its website says its services will “enhance the insurability of properties” and “contribute to reduced claims.”

From Los Angeles Times • Jan. 11, 2025

"The benefit covers up to certain amounts without evidence of insurability."

From Reuters • Nov. 8, 2023

Under the terms of the settlement, Prudential must pay out a life insurance claim if premiums were collected despite having no evidence of insurability, the Department of Labor said.

From Seattle Times • Apr. 19, 2023

“Of course, children don’t need life insurance, which is rebutted by agents who’ll argue that it preserves insurability in case of a medical incident, a very low likelihood,” Hunt said.

From Washington Post • Feb. 3, 2017

In other words, it was believed at the time that protection against nuclear accidents did not satisfy the conditions for insurability of a risk by the private sector.

From Salon • Mar. 18, 2011