Last I looked, insurance premiums on spaceflight were on the order of 20-25% of insured value of the payload. So if it were a $10 million payout Orbcomm probabl

Last I looked, insurance premiums on spaceflight were on the order of 20-25% of insured value of the payload. So if it were a $10 million payout Orbcomm probably paid out 2 million in insurance pre launch.