Minimum Repayment Amount for Policy Loan

You can use this function to determine the minimum repayment amount for a policy loan in a claim and to check if this minium repayment amount is sufficient for the withdrawal amount with a partial surrender claim.

Technical Details

Technical Name of Product Feature	INS_FSCM_CML_MIN_REPAYMENT_AMT
Product Feature Is	New
Country Dependence	Valid for all countries
Software Component Version	Insurance 617
Application Component	FS-CM (Claims Management)
Available From	SAP enhancement package 7 for SAP ERP 6.0, SP 9
Required Business Functions	None

Additional Details

You can use the Business Add-In (BAdI) BADI_ICL_LOAN_CHECK to determine the repayment amount. This BAdI contains a fallback class that checks whether the minimum repayment amount is sufficient for the withdrawal amount with a partial surrender claim. You can use a customer-specific BAdI implementation to define other checks.

Effects on Customizing

You can find the BAdI in Customizing for Claims Management under Start of the navigation path Claim Next navigation step Technical Settings Business Add-Ins Specific to Life Benefit Policy Loan BAdI: Check Data for Policy Loan End of the navigation path

Additional Information

Documentation of the BAdI BADI_ICL_LOAN_CHECK