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Adjective: uninsurable  ,ún-in'shûr-u-bul [N. Amer], ,ún-in'shûr-u-bul or ,ún-in'shor-u-bul [Brit]
  1. Not capable of being insured or not eligible to be insured
    "The entrepreneur must bear the uninsurable risks of business"

See also: uninsured

Encyclopedia: Uninsurable