How To Fix FVD_CLI_CLOAN103 - Rescission/notice not possible as insurrance case has already occurred


FVD_CLI_CLOAN103 - Overview

  • Message type: E = Error

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

  • Message number: 103

  • Message text: Rescission/notice not possible as insurrance case has already occurred

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Smart SAP Assistant

  • What is the cause and solution for SAP error message FVD_CLI_CLOAN103 - Rescission/notice not possible as insurrance case has already occurred ?
    The SAP error message FVD_CLI_CLOAN103 indicates that a rescission or notice action cannot be performed because an insurance case has already occurred. This typically relates to financial services or loan management modules within SAP, where certain actions are restricted once an insurance event has been processed.
    
    Cause: Insurance Event Triggered: The error occurs when an insurance event (like a claim or payout) has already been processed for the loan or financial product in question. This means that the system recognizes that the loan is already tied to an insurance case, which prevents further modifications like rescission or cancellation. Business Logic Restrictions: The underlying business logic in the SAP system is designed to prevent changes to loan agreements once an insurance case has been initiated to ensure compliance and integrity of financial transactions.
    Solution: Review Insurance Case: Check the details of the insurance case that has been triggered. You may need to assess whether the case

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