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.
[ËjÊrÊ²Éªj ÉlÊ²ÉªËksÊ²ejÉªvÊ²ÉªtÉ É¡ÉËÉ¡arÊ²Éªn] ; 9 March 1934 â 27 March 1968) was a Russian Soviet pilot and cosmonaut. He was the first human to journey into outer space, when his Vostok spacecraft completed an orbit of the Earth on 12 April 1961.