An entry for "PLIC-SBD insurance claim" or a similar variation appears for two main reasons:
You may have signed up for a micro-insurance plan bundled with a mobile phone, a loan, or a credit card six months ago. Policies like "Credit Shield" or "Mortgage Protection" automatically deduct premiums using codes like PLICSBD. Because the name isn't user-friendly (e.g., "Geico" or "State Farm"), you don't recognize it. plicsbd insurance claim on bank statement
: It can appear as a direct debit for insurance premiums or a credit if you have an active claim. An entry for "PLIC-SBD insurance claim" or a
A: Yes, a tier-2 customer service agent can see the raw merchant data. If the first agent says no, ask for a supervisor or the fraud department. "Geico" or "State Farm")