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.
There are three kinds of answers: ones that are mostly right, ones that are mostly wrong, and those that once were right but now are wrong. While John Glenn is usually given credit, as he was the first American to orbit the Earth, the first in space was actually Alan Shepard Jr. (1923-1998).