insurable interest
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
You own your life — you are the insurable interest — so that requirement has already been met.
From MarketWatch • May 6, 2026
Cardiff City claim says Miller Insurance failed to properly explain the concept of an "insurable interest" for football player transfers and the requirement of a "prompt" notification of the transfer in order to secure coverage.
From BBC • Jan. 19, 2023
Staebler: As a homeowner, you do not have an insurable interest in the contractor’s business so you cannot get insurance coverage for their business.
From Washington Post • Oct. 13, 2021
Two insurers including AXA ART, a unit of AXA, have an insurable interest in the art works within the cathedral, Honore said, adding five adjusters had been commissioned.
From Reuters • Apr. 17, 2019
The contract to be valid must be for the benefit of one having an insurable interest, otherwise the contract is a wager, which the law condemns.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.