How To Fix /PM0/ALB_MESSAGES091 - Premium payment end must be the same as or earlier than coverage end

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_MESSAGES -

• Message number: 091

• Message text: Premium payment end must be the same as or earlier than coverage end

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_MESSAGES091 - Premium payment end must be the same as or earlier than coverage end ?

  The SAP error message /PM0/ALB_MESSAGES091 indicates that there is a mismatch between the premium payment end date and the coverage end date in the context of insurance or financial services within the SAP system. Specifically, the error states that the premium payment end date must be the same as or earlier than the coverage end date.
  Cause:
  This error typically arises due to one of the following reasons:
  
  Incorrect Date Entry: The premium payment end date has been entered as later than the coverage end date.
  System Configuration: There may be a configuration issue in the insurance module that does not allow for premium payments to extend beyond the coverage period.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in the date fields.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Dates: Review the premium payment end date and the coverage end date in the relevant transaction or master data. Ensure that the premium payment end date is set to the same date or an earlier date than the coverage end date.
  
  
  Adjust Dates: If the premium payment end date is incorrect, adjust it to align with the coverage end date. This can usually be done in the relevant transaction (e.g., policy management, contract management).
  
  
  Review Configuration: If you suspect a configuration issue, consult with your SAP administrator or a functional consultant to review the settings in the insurance module. Ensure that the rules governing premium payments and coverage periods are correctly configured.
  
  
  Data Validation: If the error is occurring after a data migration, perform a data validation check to ensure that all date fields are consistent and correctly formatted.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for additional guidance on managing premium payments and coverage periods.
  
  
  Related Information:
  
  SAP Modules: This error is typically encountered in the SAP Insurance (FS-ICM) or Financial Services (FS) modules.
  Transaction Codes: Depending on your specific implementation, you may be using transaction codes like IP01 (Create Insurance Policy), IP02 (Change Insurance Policy), or similar.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal IT support team for further assistance.
  
  By following these steps, you should be able to resolve the error and ensure that the premium payment and coverage dates are correctly aligned.