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 last data was received from it on 1997 March 31. They are heading off into interstellar space, the first craft ever to do so. As the first two spacecraft to leave our solar system, Pioneer 10 & 11 carry a graphic message in the form of a 6- by 9-inch gold anodized plaque bolted to the spacecraft's main frame.