How To Fix FVD_CNCL036 - Credit life insurance was rescinded/notice was given on credit life ins.


FVD_CNCL036 - Overview

  • Message type: E = Error

  • Message class: FVD_CNCL - Cancel Loan / Credit Life Insurance

  • Message number: 036

  • Message text: Credit life insurance was rescinded/notice was given on credit life ins.

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  • Self-Explanatory Message

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FVD_CNCL036 - Details

  • The SAP error message FVD_CNCL036 indicates that a credit life insurance policy has been rescinded or that a notice has been given regarding the credit life insurance. This error typically arises in the context of financial transactions involving credit life insurance products, which are often linked to loans or credit agreements.
    
    Cause: Policy Rescission: The credit life insurance policy may have been canceled or rescinded by the insurance provider or the policyholder. Notice Issued: A formal notice regarding the cancellation or changes to the credit life insurance policy has been issued, which may affect the associated financial transactions. Data Entry Issues: Incorrect or incomplete data entry in the SAP system related to the insurance policy or the associated financial transaction. System Configuration: There may be issues with the configuration of the SAP system regarding how it handles credit life insurance policies.
    Solution: Verify Policy Status: Check the status of the credit life insurance policy with the insurance

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