insurability


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Related to insurability: Guaranteed insurability

in·sure

 (ĭn-sho͝or′)
v. in·sured, in·sur·ing, in·sures
v.tr.
1.
a. To provide or arrange insurance for: a company that insures homeowners and businesses.
b. To acquire or have insurance for: insured herself against losses; insured his car for theft.
2. To make sure, certain, or secure. See Usage Note at assure.
v.intr.
To buy or sell insurance.
[Middle English ensuren, to assure, from Old French enseurer, possibly variant of assurer; see assure.]
in·sur′a·bil′i·ty n.
in·sur′a·ble adj.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.insurability - the quality of being insurable; the conditions under which an insurance company will issue insurance to an applicant (based on standards set by the insurance company)
eligibility - the quality or state of being eligible; "eligibility of a candidate for office"; "eligibility for a loan"
uninsurability - the quality of being uninsurable; the conditions under which an insurance company will refuse to issue insurance to an applicant (based on standards set by the insurance company)
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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If this trend continues through 2012, companies forced to make tough financial decisions over the past two to three years to survive the recession may need to reassess those actions and how they may affect their future insurability.
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Underwriting engines have the potential to increase this hands-free output twofold, which means underwriters will limit their interventions to a subset of cases with significant insurability issues.
Rise of the machines: straight-through underwriting processors have languished in North America, but soon could increase output twofold

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