insurable interest

noun

law a financial or other interest in the life or property covered by an insurance contract, without which the contract cannot be enforced

Nearby words

  1. insulting,
  2. insuperable,
  3. insupportable,
  4. insuppressible,
  5. insurable,
  6. insurance,
  7. insurant,
  8. insure,
  9. insured,
  10. insurer

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012