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.
John Glenn â First American to Orbit the Earth Mark Tait | February 20, 2017 | Astronauts, Astronoaut | 2 Comments John Glenn became the first American to orbit the Earth on this date in 1962. He circled the Earth three times in 4 hours and 56 minutes in the space capsule Friendship 7. Quick Navigation