Message type: E = Error
Message class: /PM0/ABP_POLPR_MSG -
Message number: 007
Message text: Recurring premium not permitted for current contract
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/PM0/ABP_POLPR_MSG007
- Recurring premium not permitted for current contract ?The SAP error message /PM0/ABP_POLPR_MSG007 indicates that a recurring premium is not permitted for the current contract. This error typically arises in the context of insurance or financial services modules within SAP, particularly when dealing with policies that have specific payment structures.
Cause: Contract Type Restrictions: The contract type may not allow for recurring premiums. Certain policy types are designed for single premium payments or may have specific rules regarding payment frequency. Configuration Settings: The configuration settings in the SAP system may not be set up to allow recurring premiums for the specific product or contract. Policy Status: The status of the policy may not support recurring premiums. For example, if the policy is in a state that does not allow changes to payment terms. Product Definition: The product definition in the system may not include options for recurring premiums, or it may be set up incorrectly.
Solution: Review Contract Type: Check the contract type and ensure
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