What is non-operation clause in SAP FS-PMA - SAP Policy Management Add-On for Auto Insurance?

SAP Term: non-operation clause

• Component: FS-PMA

• Component Name: SAP Policy Management Add-On for Auto Insurance

• Description: A clause in the insurance policy that defines a period in which the insured vehicle is not used by the policyholder. necessarily have to be deregistered for the defined period. The vehicle does not have to be deregistered for the defined period.

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• Key Concepts: 
  Non-operation clause is a feature of the FS-PMA SAP Policy Management Add-On for Auto Insurance. It is used to define the conditions under which a policyholder is not allowed to operate a vehicle. This clause can be used to restrict the policyholder from operating a vehicle in certain situations, such as when they are under the influence of alcohol or drugs, or when they have been convicted of a driving offense.
  
  How to use it: 
  The non-operation clause can be used to set restrictions on the policyholder's ability to operate a vehicle. The clause can be set up in the FS-PMA SAP Policy Management Add-On for Auto Insurance by specifying the conditions under which the policyholder is not allowed to operate a vehicle. The conditions can include any combination of factors, such as age, driving record, or other factors. Once the clause is set up, it will be applied to all policies issued by the insurer.
  
  Tips & Tricks: 
  When setting up a non-operation clause, it is important to consider all potential scenarios that could lead to a policyholder being restricted from operating a vehicle. It is also important to ensure that the clause is clear and easy to understand so that policyholders are aware of their restrictions.
  
  Related Information: 
  The FS-PMA SAP Policy Management Add-On for Auto Insurance also includes other features such as risk assessment and claims management. These features can be used in conjunction with the non-operation clause to ensure that policyholders are aware of their restrictions and that they are properly protected from any potential risks associated with operating a vehicle.