How To Fix VK20153 - No coinsurance key exists for parnter &1 and policy &2

SAP Error Message - Details

• Message type: E = Error

• Message class: VK20 - Messages for Reporting

• Message number: 153

• Message text: No coinsurance key exists for parnter &1 and policy &2

What causes this issue?

A coinsurance key could not be derived for business partner &V1& and
coinsurance contract &V2& during the creations of
<LS>InsuranceCollectionDisbursementRequest </>.

System Response

It is not possible to create the <LS>InsuranceCollectionDisbursement
Request</>.

How to fix this error?

Check the data on the coinsurance shares in the items for the the
<LS>InsuranceCollectionDisbursementRequest</>.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VK20153 - No coinsurance key exists for parnter &1 and policy &2 ?

  The SAP error message VK20153 indicates that there is no coinsurance key defined for the specified partner and policy in the system. This error typically arises in the context of insurance or financial transactions where coinsurance agreements are relevant.
  Cause:
  
  
  Missing Coinsurance Key: The primary cause of this error is that the system cannot find a valid coinsurance key for the specified partner (e.g., an insurance company or broker) and policy combination. This could be due to:
  
  The coinsurance key has not been set up in the system.
  The coinsurance key is incorrectly configured or inactive.
  The partner or policy number entered does not match any existing records.
  
  
  
  Data Entry Errors: There may be typographical errors in the partner or policy number that prevent the system from locating the correct coinsurance key.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for coinsurance in your SAP system. Ensure that the coinsurance key is defined for the relevant partner and policy.
  If the coinsurance key does not exist, you will need to create it. This typically involves defining the key in the relevant configuration area (e.g., in the Insurance module).
  
  
  
  Verify Partner and Policy:
  
  Double-check the partner and policy numbers entered in the transaction. Ensure that they are correct and correspond to existing records in the system.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines for setting up coinsurance keys in your specific SAP implementation. This may provide insights into the required fields and configurations.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with a functional consultant who specializes in the insurance module. They can provide assistance in troubleshooting and resolving the error.
  
  
  
  Related Information:
  
  SAP Modules: This error is typically encountered in the SAP Insurance module or related financial modules where coinsurance agreements are managed.
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in managing coinsurance settings, such as customizing transactions or data maintenance transactions.
  Documentation: Refer to SAP Help documentation or community forums for additional insights and solutions related to coinsurance configurations.
  
  By following these steps, you should be able to identify the cause of the VK20153 error and implement the necessary solutions to resolve it.