How To Fix /PM0/ALP_TMF_MSG132 - FS-CML: Policy loan is not covered; Minimum payoff amount &1

/PM0/ALP_TMF_MSG132 - Overview

• Message type: E = Error

• Message class: /PM0/ALP_TMF_MSG -

• Message number: 132

• Message text: FS-CML: Policy loan is not covered; Minimum payoff amount &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALP_TMF_MSG132 - FS-CML: Policy loan is not covered; Minimum payoff amount &1 ?

  The SAP error message /PM0/ALP_TMF_MSG132 FS-CML: Policy loan is not covered; Minimum payoff amount &1 typically occurs in the context of SAP's Financial Services (FS) module, specifically within the Contract Management (CML) area. This error indicates that a policy loan is not covered due to the minimum payoff amount not being met.
  
  Cause:
  
  Insufficient Coverage: The policy loan amount requested exceeds the coverage limit defined in the policy.
  Minimum Payoff Amount: The minimum payoff amount required to cover the loan is not met. This could be due to the current balance of the policy or the terms set in the policy agreement.
  Policy Terms: The terms of the policy may specify certain conditions under which loans can be taken, and if those conditions are not met, the loan cannot be processed.
  
  Configuration Issues: There may be configuration issues in the system that do not align with the business rules for policy loans.
  
  
  Solution:
  
  Review Policy Terms: Check