How To Fix FVD_INSURANCE063 - Insurance policy &1; valid-from date for premium is invalid

FVD_INSURANCE063 - Overview

• Message type: E = Error

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

• Message number: 063

• Message text: Insurance policy &1; valid-from date for premium is invalid

What causes this issue?

The "premium valid from" date for <LB>&V2&</> with the insurance company
<LB>&V3&</>, number <LB>&V1&</> is after the auto cancel date for the
insurance.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the values you have entered and make changes if necessary.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FVD_INSURANCE063 - Details

• The SAP error message FVD_INSURANCE063 indicates that there is an issue with the "valid-from" date for a premium associated with an insurance policy. This error typically arises in the context of managing insurance policies within the SAP system, particularly in the Financial Services sector.
  
  Cause:
  The error message is triggered when the "valid-from" date for a premium is not valid. This can happen due to several reasons:
  
  Date Format Issues: The date may not be in the correct format or may not conform to the expected date range.
  Policy Status: The insurance policy may not be active or may have been terminated, making any new premium entries invalid.
  Date Overlap: There may be overlapping premium periods that conflict with the specified "valid-from" date.
  
  Configuration Issues: There may be configuration settings in the insurance module that restrict the valid date ranges for premiums.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  Check the Date: Verify that the