Insurance (Infotype 0037) 

You can store the employee’s insurance data in the Insurance infotype (0037).

Subtypes are used to differentiate between the different insurance types. The standard system contains the following insurance types:

·        Company insurance

·        Group accident insurance

·        Life insurance

·        Supplementary insurance

·        Not liable

·        Risk

·        Risk/pension

·        Nursing care

·        Sick pay

You can set up additional insurance types as subtypes in Customizing.

Note that separate infotypes are available for entering social insurance data (Social Insurance Germany (0013)) and pension insurance/company insurance (Company Insurance (0026)).

Contract Data

You make the following contract specifications:

·        Currency in which the amounts are managed

·        Insurance total

·        First and second different total from the sum insured

·        Premium base as a basis for the percentage calculation of the insurance premium

·        Insurance premium paid for the employee

·        Vesting date (Fully Vested On) as of which the employee has a vested entitlement to the insurance benefit.

The standard SAP system does not use this infotype in reporting. You can use this infotype for your own evaluations.