| NOUN | possession | insurable interest | an interest in a person or thing that will support the issuance of an insurance policy |
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| Meaning | An interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insured. | |
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| Broader | interest, stake | (law) a right or legal share of something |
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