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.
The Kennedy Space Center celebrated its 50th anniversary in 2012. In 1961 Alan Shepard was the first man into space and in 1962 John Glenn was the first American man to orbit â¦ the earth. tsd -raven-