Insurance Companies Provide Insurance Policies for Which the Policyholder Pays

Insurance companies provide insurance policies for which the policyholder pays insurance ________. Insurance companies promise to pay specified sums contingent on the occurrence of future events and thus are ________. The major part of the insurance company ________ is deciding which applications for insurance they should accept and which ones they should reject. Insurance companies have two sources of income: the initial underwriting income and the ________.

A) underwriting process; premiums; risk bearers; investment income
B) investment income; premiums; risk bearers; underwriting process
C) premiums; risk bearers; underwriting process; investment income
D) payments; risk bearers; investment process; insurance income