noun
- plural of insurability; the quality or state of being able to be insured or eligible for insurance coverage
Usage: technical/formal; typically used in insurance and risk management contexts
Examples
- The insurabilities of different properties vary based on location and risk factors.
- Insurance companies assess the insurabilities of applicants before issuing policies.
- High-risk buildings may have limited insurabilities in the commercial market.
- The insurabilities of vintage vehicles depend on their condition and documentation.
- Underwriters evaluate the insurabilities of potential clients during the application process.