If you are the nominee of a policyholder who passed away, PLIC uses the SBD department to process the death benefit. The "Claim" code is standard operating procedure for their treasury department.
: If the entry is a credit (money added), it may be a reimbursement or benefit payout from a submitted claim. cdn.prod.website-files.com How to Handle an Unrecognized Charge
If you are the nominee of a policyholder who passed away, PLIC uses the SBD department to process the death benefit. The "Claim" code is standard operating procedure for their treasury department.
: If the entry is a credit (money added), it may be a reimbursement or benefit payout from a submitted claim. cdn.prod.website-files.com How to Handle an Unrecognized Charge plic-sbd insurance claim on bank statement