diff --git a/addons/loyalty/models/loyalty_program.py b/addons/loyalty/models/loyalty_program.py
index 92455373dae..837544d023e 100644
--- a/addons/loyalty/models/loyalty_program.py
+++ b/addons/loyalty/models/loyalty_program.py
@@ -253,7 +253,7 @@ class LoyaltyProgram(models.Model):
                 'rule_ids': [(5, 0, 0), (0, 0, {
                     'reward_point_amount': '1',
                     'reward_point_mode': 'money',
-                    'product_ids': self.env.ref('loyalty.ewallet_product_50'),
+                    'product_ids': self.env.ref('loyalty.ewallet_product_50', raise_if_not_found=False),
                 })],
                 'reward_ids': [(5, 0, 0), (0, 0, {
                     'reward_type': 'discount',