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Message type: E = Error
Message class: FVD_UI_CLOAN - User Interface for Consumer Loans
Message number: 066
Message text: Enter insured persons; insurance is mandatory with this product
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FVD_UI_CLOAN066
- Enter insured persons; insurance is mandatory with this product ?The SAP error message FVD_UI_CLOAN066 indicates that when processing a loan or financial product, the system requires the entry of insured persons because insurance is mandatory for that specific product. This is typically encountered in the context of SAP's Financial Services (FS) module, particularly in loan processing scenarios.
Cause:
- Mandatory Insurance Requirement: The financial product you are trying to process has a configuration that mandates insurance coverage. This is common for certain types of loans where the lender requires insurance to mitigate risk.
- Missing Data: The insured persons' details have not been entered in the system, which is why the error is triggered.
- Configuration Settings: The product type may be configured in such a way that it requires insurance details to be filled out before proceeding.
Solution:
Enter Insured Persons:
- Navigate to the relevant section in the loan application or processing screen where you can enter the details of the insured persons.
- Ensure that all required fields are filled out correctly, including names, identification numbers, and any other necessary information.
Check Product Configuration:
- If you have access to the configuration settings, verify that the product type indeed requires insurance. This can be checked in the product configuration settings in the SAP system.
- If the requirement seems incorrect, consult with your SAP administrator or the team responsible for product configuration to see if adjustments can be made.
Consult Documentation:
- Review any internal documentation or guidelines related to the specific financial product to ensure compliance with insurance requirements.
User Training:
- If this error is frequently encountered, consider providing additional training to users on how to properly enter insured persons and understand the requirements for different financial products.
Related Information:
By following these steps, you should be able to resolve the error and proceed with the loan processing. If the issue persists, consider reaching out to your SAP support team for further assistance.
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