Search Result for "insurable interest":
Wordnet 3.0

NOUN (1)

1. 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; 



WordNet (r) 3.0 (2006):

insurable interest
    n 1: 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