Insurance Quote Creation Error: There is no Valid Insurance Product for the Coverage Range (Doc ID 2249462.1)

Last updated on MARCH 29, 2017

Applies to:

Oracle Lease and Finance Management - Version 12.2.5 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.5 version, Insurance Modules

When attempting to create a Lease Insurance Quote for this Contract-Period,
the following error occurs.

ERROR
-----------------------
No policy can be generated for Contract Number. There is no valid insurance product for the coverage range.


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Define Setups: Insurance-Product, Insurance-Asset-Class, Insurance-Restrictions
2. Book a Contract Effective-From: 01-Jul-2016 thru 30-Jun-2017, Ensure that some Insurance-restrictions Date-To fall during the Contract-Period
3. Create a Lease Insurance Quote for this Contract-Period and Click Continue-Button and will get Error: No policy can be generated for Contract Number DLL-1907. There is no valid insurance product for the coverage range.

Changes

 

Cause

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