How To Fix VINFO012 - IC: &1 dynamic premium increase refused (V005)


VINFO012 - Overview

  • Message type: E = Error

  • Message class: VINFO - Information Container

  • Message number: 012

  • Message text: IC: &1 dynamic premium increase refused (V005)

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  • 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.

    To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

    Unfortunately, there isn't any extra information in this error notice.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message VINFO012 - IC: &1 dynamic premium increase refused (V005) ?
    The SAP error message VINFO012 IC: &1 dynamic premium increase refused (V005) typically relates to issues in the insurance module of SAP, particularly in the context of dynamic premium adjustments for insurance contracts. Here’s a breakdown of the potential causes, solutions, and related information for this error:
    
    Cause: Policy Conditions Not Met: The dynamic premium increase may be refused due to certain conditions not being met in the insurance policy. This could include factors like the policyholder's risk profile, claims history, or other underwriting criteria.
    Configuration Issues: There may be configuration settings in the SAP system that prevent the dynamic premium increase from being processed. This could involve settings related to premium calculation, risk assessment, or policy management. Data Inconsistencies: Inconsistent or incomplete data in the system regarding the policyholder or the insurance contract can lead to this error. This might include missing information or incorrect entries. Business Rules: The business rules defined in the

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