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Component: FS-CM
Component Name: Claims Management
Description: Person in a claim who may be entitled to benefits.
Key Concepts: Injured Person is a term used in SAP FS-CM Claims Management to refer to an individual who has suffered an injury or illness that is covered by an insurance policy. This individual is typically the policyholder or a beneficiary of the policy. The injured person is the primary focus of the claims process, as they are the ones who will receive compensation for their losses. How to use it: In SAP FS-CM Claims Management, the injured person is the primary focus of the claims process. All information related to the claim must be collected and documented in order to determine the amount of compensation that should be paid out. This includes medical records, police reports, and other relevant documents. Once all of this information has been gathered, it must be reviewed and analyzed in order to determine if the claim should be approved or denied. Tips & Tricks: When dealing with an injured person in SAP FS-CM Claims Management, it is important to remember that they are the primary focus of the claims process. As such, it is important to treat them with respect and compassion throughout the process. Additionally, it is important to ensure that all relevant information is collected and documented in order to ensure that the claim is processed accurately and efficiently. Related Information: SAP FS-CM Claims Management also includes other terms related to injured persons such as “claimant” and “insured”. It is important to understand the differences between these terms in order to ensure that all claims are processed correctly. Additionally, understanding how these terms interact with each other can help streamline the claims process and ensure that all parties involved receive fair compensation for their losses.