How To Fix /PM0/ABR_PM_ERRORS156 - Minimum insurance total not reached for premium waiver

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ABR_PM_ERRORS -

• Message number: 156

• Message text: Minimum insurance total not reached for premium waiver

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ABR_PM_ERRORS156 - Minimum insurance total not reached for premium waiver ?

  The SAP error message /PM0/ABR_PM_ERRORS156 Minimum insurance total not reached for premium waiver typically occurs in the context of insurance or financial services modules within SAP, particularly when dealing with premium waivers in insurance policies. This error indicates that the total insurance amount does not meet the minimum threshold required for a premium waiver to be applicable.
  
  Cause:
  
  Minimum Insurance Requirement: The policy or product may have a defined minimum insurance amount that must be met to qualify for a premium waiver. If the total insurance amount is below this threshold, the error will be triggered.
  
  Configuration Issues: There may be incorrect settings in the insurance product configuration that define the minimum insurance amount for premium waivers.
  Data Entry Errors: Incorrect data entry during policy creation or modification could lead to the total insurance amount being calculated incorrectly.
  
  
  Solution:
  
  Review Policy Details: Check the policy details to ensure that the total insurance amount meets the minimum