How To Fix /PM0/ABP_MESSAGES132 - Contact settlement not possible. Active policy loan exists


/PM0/ABP_MESSAGES132 - Overview

  • Message type: E = Error

  • Message class: /PM0/ABP_MESSAGES -

  • Message number: 132

  • Message text: Contact settlement not possible. Active policy loan exists

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message /PM0/ABP_MESSAGES132 - Contact settlement not possible. Active policy loan exists ?
    The SAP error message /PM0/ABP_MESSAGES132 indicating "Contact settlement not possible. Active policy loan exists" typically arises in the context of insurance or financial services modules within SAP, particularly when dealing with policy management and settlements.
    
    Cause: This error occurs when there is an active loan associated with a policy that is preventing the settlement process from proceeding. In insurance systems, a policy loan is a loan taken against the cash value of a life insurance policy. If there is an outstanding loan, the system restricts certain operations, such as settlements, to ensure that the loan is addressed first.
    Solution: To resolve this error, you can follow these steps: Check Active Loans: Navigate to the policy in question and check for any active loans. This can usually be done through the policy management transaction codes or screens in SAP. Review Loan Details: Examine the details of the active loan, including the amount, interest, and repayment status. Ensure

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