What is 'existing disability' in SAP FS-CM - Claims Management?

existing disability - Overview

• Component: FS-CM

• Component Name: Claims Management

• Description: Impairment of insured's health or ability to work before the claim or loss occurred.

existing disability - Details

• 
  Key Concepts: 
  Existing disability is a term used in SAP FS-CM Claims Management to refer to a disability that existed prior to the start of a policy. This type of disability is typically excluded from coverage, meaning that the policyholder will not be able to receive benefits for it. 
  
  How to use it: 
  When setting up a policy in SAP FS-CM Claims Management, the policyholder must indicate whether they have any existing disabilities. If they do, they will not be eligible for benefits related to that disability. 
  
  Tips & Tricks: 
  It is important to be honest when disclosing any existing disabilities when setting up a policy in SAP FS-CM Claims Management. If the policyholder fails to disclose an existing disability and later files a claim for it, the claim may be denied. 
  
  Related Information: 
  For more information on existing disabilities and how they are handled in SAP FS-CM Claims Management, please refer to the official SAP documentation.