How To Fix VK20154 - No coinsurance key exists for policy &1

SAP Error Message - Details

• Message type: E = Error

• Message class: VK20 - Messages for Reporting

• Message number: 154

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

What causes this issue?

A coinsurance key could not be derived for coinsurance contract &V1&
during the creation of an InsuranceCollectionDisbursementRequest

System Response

It is not possible to create the InsuranceCollectionDisbursementRequest.

How to fix this error?

Check the relevant specifications for the coinsurance shares in the
items of the 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 VK20154 - No coinsurance key exists for policy &1 ?

  The SAP error message VK20154 "No coinsurance key exists for policy &1" typically occurs in the context of insurance or financial modules within SAP, particularly when dealing with policies that involve coinsurance arrangements. Here’s a breakdown of the cause, potential solutions, and related information for this error:
  Cause:
  
  
  Missing Coinsurance Key: The primary reason for this error is that the system cannot find a valid coinsurance key for the specified policy number (&1). This could be due to:
  
  The coinsurance key not being defined in the system.
  The policy not being set up correctly to reference an existing coinsurance key.
  Data entry errors or misconfigurations in the policy setup.
  
  
  
  Configuration Issues: There may be issues in the configuration settings related to coinsurance in the SAP system, which could prevent the system from recognizing the coinsurance key.
  
  
  Policy Status: The policy might be in a status that does not allow for coinsurance processing, such as being inactive or not fully set up.
  
  
  Solution:
  
  
  Check Coinsurance Configuration:
  
  Navigate to the configuration settings for coinsurance in your SAP system. Ensure that the necessary coinsurance keys are defined and active.
  Use transaction codes like SPRO to access the configuration settings and verify the coinsurance settings.
  
  
  
  Verify Policy Setup:
  
  Check the policy details for the specified policy number (&1). Ensure that it is correctly linked to a valid coinsurance key.
  If the policy is newly created, ensure that all required fields and settings are completed.
  
  
  
  Create or Update Coinsurance Key:
  
  If the coinsurance key does not exist, you may need to create it. This typically involves defining the key in the system with the appropriate parameters.
  If the key exists but is not linked to the policy, update the policy to reference the correct coinsurance key.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to coinsurance and policy management for additional guidance on setup and configuration.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in insurance modules.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO (Customizing)
  SE11 (Data Dictionary)
  SE16 (Data Browser) to check existing entries for coinsurance keys.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide specific fixes or workarounds.
  
  
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify coinsurance settings and policy details.
  
  
  By following these steps, you should be able to identify the cause of the VK20154 error and implement a solution to resolve it.