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.
The pancreas is a large gland behind the stomach and next to the small intestine. The pancreas does two main things: 1  It releases powerful digestive enzymes into the small intestine to aid the digestion of food. 2  It releases the hormones insulin and glucagon into the bloodstream. 3  These hormones help the body control how it uses food for energy.