Something that can be covered by insurance. [D02868] RMW

An individual applicant who qualifies for an insurance policy based on the coverage standards that are set by the insurance company.

An individual is insurable if he or she is able to obtain life insurance under the insurance company's underwriting criteria. Insurability is usually based upon the individual's age, health, occupation and lifestyle.

You do not have certain medical problems that your insurance company does not want to pay for. You prove you are insurable by getting medical exams and tests that rule out certain medical problems.

Capable of being insured against loss, damage, death, etc.; proper to be insured.

capable of being insured or eligible to be insured