The Basic Underlying Concept of Insurance Is ___________

The basic underlying concept of insurance is ___________.

A) to spread the risk by writing coverage for a large pool of individuals
B) writing coverage to return a profit to shareholders
C) to be able to meet claims and return profits to the company's shareholders
D) to spread risk by writing coverage for a large enough pool of individuals so that the premium structure has been established correctly and the prediction of claims are made accurately and the company can be able to finance those claims and return a profit to its shareholders