: In some cases, if a personal or auto insurance policy lapses, a lender might "force-place" insurance through a provider like Principal to protect their interest, though this is less common with PLIC specifically. 🚀 Recommended Actions
: Many supplemental benefits are selected during annual open enrollment periods through employers. Submitting a Claim plic-sbd insurance claim on bank statement
If the transaction is a deposit rather than a withdrawal, "PLIC-SBD CLAIM" means you have received a benefit payout. This happens if you filed a short-term disability or paid family leave claim that was approved by Principal. How to Verify the Transaction : In some cases, if a personal or