[ adj ] capable of being insured or eligible to be insured <adj.all>
Insurable \In*sur"a*ble\, a. [From {Insure}.] Capable of being insured against loss, damage, death, etc.; proper to be insured.
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.
To make sure that this loss is manageable, the question of what is insurable and what is deductible would have to be defined carefully.
Veribanc said only 2% of all credit union deposits and shares were over $100,000, the maximum federally insurable amount for individual accounts.
They are bought by seekers after individuality, many of whom had found their beloved hot hatchbacks no longer insurable at sensible cost. The Daihatsu Fourtrak never really fitted the recreational mould, though.
The company said a "substantial portion" of the settlement was insurable.