CHANGE OF INSURER CERTIFICATE title: change of insurer certificate (FS-PM) (SAP Library - Glossary)
CHANGE OF INSURER CERTIFICATE category: Policy Management (FS-PM)
CHANGE OF INSURER CERTIFICATE explained:
The insurance company is authorized to issue a certification of the following data when ending an insurance contract for auto liability or fully comprehensive auto insurance, and to pass it on to the subsequent insurer if requested:
The vehicle type and the usage category The start and end of the contract The claim-free discount status reached, expressed by the discount base year The number of claims and suspensions that have not yet affected the claim-free discount status In auto liability insurance, if requested by the subsequent insurer: The data listed in § 5 section 7 of German insurance law. Whether a certificate with number 1 - 6 has already been issued to the policyholder, and also the subsequent insurer to which such a certificate was issued.The transfer of the data listed in numbers 1 - 5 means that the insurer has fulfilled the obligation as listed in the compulsory insurance law: Unless the policyholder demands named certification as outlined in § 5 section 7 of German insurance law. The insurer is authorized to query the data listed under numbers 1 to 6 from the previous insurer.
More terms such as change of insurer certificate in Dictionary C.
- Manual Cost Accounting:
- Help The branch of accounting concerned with providing information on costs incurred from business activities, such as materials, labor, and overhead change of insurer certificate definition.
- Manual COBRA-Relevant Plan:
- Help A benefit plan that is subject to COBRA regulations change of insurer certificate explain.
- Manual Contract Type (FS-AM):
- Help A two-digit numeric key used for grouping products. Every contract type is based on a contract category change of insurer certificate what is.
- Manual Consolidation Monitor (EC-CS):
- Help A graphic representation and the administration of the status of consolidation units and groups in conjunction with the processing of consolidation data change of insurer certificate meaning.
- Manual Cost To Complete:
- Help The estimated cost of activities to perform. The estimate takes account of how costs have developed change of insurer certificate abbreviation.
