How To Fix FVD_CLI_CLOAN058 - Rate missing for person to be insured &1

FVD_CLI_CLOAN058 - Overview

• Message type: E = Error

• Message class: FVD_CLI_CLOAN - Credit Life Insurance for Consumer Loan

• Message number: 058

• Message text: Rate missing for person to be insured &1

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CLI_CLOAN058 - Rate missing for person to be insured &1 ?

  The SAP error message FVD_CLI_CLOAN058 indicates that there is a missing rate for a person to be insured in the context of a loan or insurance-related transaction. This error typically arises in the SAP Financial Services (FS) module, particularly in the area of loan processing or insurance management.
  
  Cause:
  
  
  Missing Rate Configuration: The most common cause of this error is that the system does not have a defined rate for the specific person or entity that is being insured. This could be due to:
  
  The rate not being set up in the system.
  The rate being set up incorrectly or not being applicable to the specific case.
  The person to be insured not being properly linked to the rate configuration.
  
  
  
  Data Entry Issues: There may be issues with the data entry for the person to be insured, such as missing or incorrect information that prevents the system from finding the appropriate rate.
  
  
  Master Data Issues: The master