How To Fix /PM0/ALB_MESSAGES079 - Enter the insured person as the beneficiary for endowment

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_MESSAGES -

• Message number: 079

• Message text: Enter the insured person as the beneficiary for endowment

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_MESSAGES079 - Enter the insured person as the beneficiary for endowment ?

  The SAP error message /PM0/ALB_MESSAGES079 typically occurs in the context of the SAP system when dealing with insurance or financial products, particularly in the area of endowment policies. This error indicates that the system requires the insured person to be designated as the beneficiary for the endowment policy.
  Cause:
  The error is triggered when the system detects that the insured person has not been assigned as the beneficiary in the relevant transaction or configuration. In many insurance products, especially endowments, it is a common requirement that the insured individual is also the beneficiary, as this ensures that the benefits are paid out to the person who is covered by the policy.
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Check the Policy Details: Review the endowment policy details in the SAP system. Ensure that the insured person is correctly entered as the beneficiary.
  
  
  Update Beneficiary Information:
  
  Navigate to the relevant transaction where the endowment policy is being processed.
  Locate the section for beneficiary information.
  Add or update the beneficiary to include the insured person.
  
  
  
  Save Changes: After making the necessary updates, save the changes and attempt to process the transaction again.
  
  
  Consult Documentation: If you are unsure about the process, refer to the SAP documentation or user manuals specific to your organization’s implementation of the insurance module.
  
  
  Contact Support: If the issue persists after making the changes, consider reaching out to your SAP support team or a consultant who specializes in the insurance module for further assistance.
  
  
  Related Information:
  
  SAP Modules: This error is likely related to the SAP modules dealing with insurance, such as SAP FS (Financial Services) or SAP PM (Project Management).
  Configuration Settings: Ensure that the configuration settings for insurance products in your SAP system are correctly set up to allow for the insured person to be designated as a beneficiary.
  User Roles and Permissions: Verify that you have the necessary permissions to make changes to beneficiary information in the system.
  
  By following these steps, you should be able to resolve the error and proceed with your transaction.