Dictionary of Business Terms: insurability
insurability
circumstance in which an insurance company can issue life or health insurance to an applicant based on standards set by the company.
Dictionary of Finance and Investment Terms: insurability
insurability
conditions under which an insurance company is willing to insure a risk. Each insurance company applies its own standards based on its own underwriting criteria. For example, some life insurance companies do not insure people with high-risk occupations such as stuntmen or firefighters, while other companies consider these people insurable, though the premiums they must pay are higher than for those in low-risk professions.
Dictionary of Insurance Terms: insurability
insurability
circumstance in which an insurance company can issue life or health insurance to an applicant based on standards set by the company.
