Placement slips

{
  "id": "MLC-T-INS-002574",
  "term": "Placement slips",
  "field": "Insurance and risk management",
  "definition": "Documents prepared by an insurance broker that summarize the key terms and conditions of a proposed insurance coverage for presentation to underwriters. These slips contain details about the risk, desired coverage limits, deductibles, and any special clauses. Underwriters review and sign these slips to indicate their acceptance of a portion of the risk, forming the basis of the final policy wording.",
  "url": "https://mlchart.com/terminology/insurance/placement-slips/"
}