What does the cryptic crossword clue "Island insurance recalled as subject to cancellation? (9)" mean?

The definition is "subject to cancellation". The wordplay uses charade, reversal. ELBA (synonym of "Island") + COVER (synonym of "insurance") [reversal: "recalled"]; definition: "subject to cancellation?" The answer is REVOCABLE.

Island insurance recalled as subject to cancellation? (9)

Times Cryptic #29084 | 13 Down | 2024-11-26 flower

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