insurable interest

NOUN
18 LETTERS · STARTS WITH I

insurable interest is a valid 18-letter word worth 19 points in Scrabble and 24 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
I1N1S1U1R1A1B3L1E1I1N1T1E1R1E1S1T1
1 + 1 + 1 + 1 + 1 + 1 + 3 + 1 + 1 + 0 + 1 + 1 + 1 + 1 + 1 + 1 + 1 + 1 =19 PTS
DOUBLE WORD → 38TRIPLE WORD → 57
MEANING

What does insurable interest mean?

NOUN · 1 SENSE
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.