indemnizable = recoverable

I've never found anything which succinctly translates from "indemnizable";
"covered" often fits well but it depends on the context.

in the event of loss payable under this coverage

Compensable loss

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Compensable Losses. Until 2005, the restitution statute limited recovery to “ pecuniary damages,” which were in essence any special damages the victim could ...
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The RECFC is obligated to pay out once a certificate of compensable loss has been ... If the court makes a finding on the evidence of a compensable loss and ...


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23 Sep 2001 – 4, compensable losses ... 3 -1, compensable loss, Albert Golub ... a compensable loss as a result of crime, to those who might suffer such a .
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When is disability compensable and how much income benefits can an employee received? - When is death compensable? - When is injury, sickness, disability ...
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(1) A person who has suffered compensable loss may lodge a claim for ... (a) the date on which the act or omission giving rise to the compensable loss occurred, ...
Encyclopaedia of occupational health and safety - Resultado de la Búsqueda de libros de Googlebooks.google.com.mx/books?isbn=9221098141...
Jeanne Mager Stellman, International Labour Office - 1998 - Industrial hygiene
The most common types of compensable loss are economic. Thus the most common benefits are medical care and compensation for loss of income or earning ...

eski :))

This first definition sums it up.

covered loss
Definition
Types of accidents, losses, or situations for which an insurance policy will pay compensation. Also called covered peril.

Read more: http://www.businessdictionary.com/definition/covered-loss.ht...

Covered Loss

This is an injury, death, property loss or legal liability, for which an insurance company will pay benefits under the terms of the policy.
http://www.answerfinancial.com/insurance-center/covered-loss...

Loss of use
Loss of use coverage, also known as rental coverage, provides reimbursement for rental expenses associated with having an insured vehicle repaired due to a covered loss.
http://en.wikipedia.org/wiki/United_States_auto_insurance

Insurance: Insurance is a system in which groups of people who have similar chances of suffering a loss transfer their risk of loss to an insurer who pools the risk of many people together. In exchange for payment of premium, the insurer promises to reimburse the person for their covered losses.
http://www.carinsurance.com/InsuranceTerms.aspx

In the event of a covered loss, we will replace your household contents as new, even if these items had been exposed to wear and tear
http://www.directline.com/select/

En la jerga de seguros un siniestro se traduce como loss o claim, tan es así que el departamento de siniestros de una organización es conocido como el Claims Dept.
Aquellos siniestros por los que se paga o indemniza serían payable claims.