If the amount deducted does not match your policy agreement, or if you have no active relationship with Principal Life Insurance Company, take immediate corrective action:
Standard recurring premium payment for Principal life or health benefits. PLIC-SBD INSUR CLM PACT# Bank of America, Local Credit Unions Debit or Credit plicsbd insurance claim on bank statement upd
This text entry appears on bank statements across various financial institutions. Understanding what this code stands for helps differentiate legitimate employer-sponsored benefit transactions from unauthorized charges. What is the "PLIC-SBD" Bank Statement Line Item? If the amount deducted does not match your