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Definition of Insurability
1. Noun. 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). 
Definition of Insurability
1. [n -TIES]
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1. Noun. 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). 
1. [n -TIES]