0.00 Lines In Insurance Quotes Appear To Be Invalidating The Whole Quote

(Doc ID 2355485.1)

Last updated on JANUARY 31, 2018

Applies to:

Oracle Lease and Finance Management - Version 12.2.6 and later
Information in this document applies to any platform.


On : 12.2.6 version, Insurance Modules

When attempting to save a Lease Insurance Quote with a Premium of 0.00 in the Additional Charges tab,
the following error occurs:

Value in Asset Premium is invalid

The issue can be reproduced at will with the following steps:
1. Define Insurance Products with Rates of zero.
2. Create a Contract with one or more Assets.
3. Initiate the creation of a Lease Insurance Quote.
  When saving this error will be received:
  Asset Premium is invalid
  If Accept is selected the Additional Charges tab will load
  with this message:
  Insurance Quote accepted successfully
  But no Quote is found when searching for existing Quotes.

The issue has the following business impact:
Due to this issue, users cannot create Quotes or Policies with Premiums of 0.00.




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