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SIMG_CFMENUORFAOAVD - Define Insurance Types

In this step, you define the different insurance types that you need for your fixed assets. You can store these insurance types in the asset master record.

The insurance type contains varied control parameters for determining insurable values (for example, value as new insurance or current market value insurance.

If you want to manage insurance data in the master record, you must create insurance types and maintain them according to your requirements.