That portion of a policy's premium that applies to the expired portion of the policy. Although insurance premiums are often paid in advance, insurers typically earn the premium at an even rate throughout the policy term. More Risk Finance and Captives Information from IRMI.
Explorer 1 became the first successfully launched satellite by the United States when it was sent to space on January 31, 1958. A quick response to the Soviet Union's launch of Sputnik 1, Explorer 1's success marked the beginning of the U.S. Space Age.
â and became the first American to walk in space. It is a pivotal, celebrated moment in NASAâs annals; the space-age equivalent of a ship captain sketching a small human hand with a pointing finger in the margin of his otherwise perfunctory daily log, indicating an especially notable occurrence.