Quote Status Flow

Status descriptions

Status	Description
pending	Quote is being processed or awaiting review. Transient status.
approved_rate	Quote has been approved with a rate, but broker is not onboarded to K2 Cyber
ready_to_bind	Quote is ready to be bound
bound	Quote has been bound. Transient status.
issued	Policy has been successfully issued
declined	Quote was declined by underwriting
underwriter_review	Quote requires manual underwriter review
failed	Quote processing failed due to an error

Happy Path

pending→ready_to_bind→bound→issued

Straight-through processing moves through pending → ready_to_bind → bound → issued. Bind returns 202 Accepted immediately; issued arrives asynchronously when the policy packet is ready (or when policy.created fires).

Alternate outcomes (from pending)

underwriter_review

Manual review required. May later become ready_to_bind or declined.

approved_rate

Rated successfully, but the broker is not onboarded. Cannot bind until onboarded.

declined

Does not meet underwriting guidelines. Terminal.

failed

Processing error. Terminal.

Document availability by status

Status	Quote Preview	Quote Proposal	Policy Preview	Policy Document
pending	—	—	—	—
ready_to_bind	Yes	Yes	Yes	—
issued	Yes	Yes	—	Yes

Endpoint details:

• GET /document/quote-preview/stream/{id}
• GET /document/quote-proposal/stream/{id}
• GET /document/policy-preview/stream/{id}
• GET /document/policy/stream/{id}

Webhook signals that often replace polling:

• quote.proposalReady — proposal PDF ready
• policy.created — issued policy packet ready