Often stated as an interest in the outcome of a contingency other than that arising under the contract of insurance , an insurable interest means that the policy holder (or the beneficiary) must stand to suffer a direct financial loss if the event (against which the insurance cover was bought) does occur.
The pancreas is an organ located in the abdomen. It plays an essential role in converting the food we eat into fuel for the body's cells. The pancreas has two main functions: an exocrine function that helps in digestion and an endocrine function that regulates blood sugar.
1 The main function of the pancreas is to secrete hormones and enzymes that help with digestion and regulate blood sugar (glucose) metabolism.  The digestive enzymes are released via the pancreatic duct into the small intestine where they are activated to help break down fats and proteins.