INSURABLE • DICTIONARY ONE.COM • Definition of Insurable

... trust have been long since dead. There are many hundreds of possible legal complications affecting the validity of the title and it is usual to-day to have titles insured and, in agreeing to buy, to specify that the "title must be marketable and insurable by a reputable title insurance company." The word "marketable" as here used means a title which is unquestionable. The prospective buyer must also be careful to specify that the title shall be "free and clear" and that all taxes shall be ...

— How to Write Letters (Formerly The Book of Letters) - A Complete Guide to Correct Business and Personal Correspondence • Mary Owens Crowther

... Either this, or a legal claim, are absolutely necessary to establish an insurable interest in a ship ...

— The Sailor's Word-Book • William Henry Smyth