How To Fix CMS_INS026 - Premium rate should not be greater than 100%

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_INS - Messages for Insurance

• Message number: 026

• Message text: Premium rate should not be greater than 100%

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_INS026 - Premium rate should not be greater than 100% ?

  The SAP error message CMS_INS026 indicates that a premium rate has been set to a value greater than 100%, which is not allowed in the system. This error typically occurs in the context of insurance or financial modules within SAP, where premium rates are expected to be within a certain range (usually between 0% and 100%).
  Cause:
  
  Incorrect Data Entry: The most common cause is that a user has mistakenly entered a premium rate greater than 100% during data entry.
  Configuration Issues: There may be issues in the configuration settings of the insurance product or policy that allow for invalid premium rates.
  Data Migration Errors: If data has been migrated from another system, it’s possible that the premium rates were not validated properly during the migration process.
  
  Solution:
  
  Check Input Values: Review the premium rate entered in the relevant transaction or configuration screen. Ensure that it is set to a value between 0% and 100%.
  Review Configuration: If the error persists, check the configuration settings for the insurance product or policy in the SAP system. Ensure that the premium rate settings are correctly defined.
  Data Validation: Implement data validation checks to prevent users from entering invalid premium rates in the future.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on setting premium rates for your version of SAP.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Training: Ensure that users are trained on the correct procedures for entering premium rates to minimize the risk of errors.
  Testing: If changes are made to configurations or data entry processes, conduct thorough testing to ensure that the issue is resolved and does not recur.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to prevent it from occurring in the future.