How To Fix FVD_INSURANCE059 - Insurance premium valid from &1 already exists

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_INSURANCE - Messages for Insurance (Package FVVD_INSURANCE)

• Message number: 059

• Message text: Insurance premium valid from &1 already exists

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_INSURANCE059 - Insurance premium valid from &1 already exists ?

  The SAP error message FVD_INSURANCE059 indicates that there is an attempt to create or modify an insurance premium record for a specific validity period, but a record with the same validity period already exists in the system. This typically occurs in the context of managing insurance contracts or policies within the SAP system.
  Cause:
  The error is caused by the following scenarios:
  
  Duplicate Entry: An insurance premium record with the same validity period (the date range specified by &1) already exists in the database.
  Incorrect Data Entry: There may have been an error in data entry, leading to an attempt to create a record that overlaps with an existing one.
  System Configuration: The system may be configured to prevent overlapping records for insurance premiums, which is a common business rule to maintain data integrity.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Records:
  
  Navigate to the relevant insurance premium records in the SAP system and check if a record with the same validity period already exists.
  Use transaction codes like FVD1 (for creating insurance contracts) or FVD2 (for changing insurance contracts) to view existing records.
  
  
  
  Modify or Delete Existing Record:
  
  If you find an existing record that overlaps with the new entry, you may need to modify or delete the existing record if it is no longer needed.
  Ensure that any changes comply with business rules and do not affect other processes.
  
  
  
  Adjust Validity Period:
  
  If the existing record is valid and should remain, consider adjusting the validity period of the new insurance premium you are trying to create. Ensure that the new record has a unique validity period that does not conflict with existing records.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines provided by your organization regarding the management of insurance premiums to ensure compliance with internal processes.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or a functional consultant who specializes in the insurance module for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing insurance contracts, such as FVD1, FVD2, and FVD3 (for displaying records).
  Business Rules: Understand the business rules regarding insurance premium entries in your organization, as these may dictate how records should be managed.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message, as there may be updates or fixes available.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution.