Since the bank statement mentions CSBD, you can contact the Central Service Bureau directly. Provide your policy number and the specific transaction date shown on your bank statement to verify if a claim payment has been deposited or a premium has been deducted. Dealing with Unauthorized "PLICSBD" Charges
If the bank or insurer asks for a "bank statement update" to process a claim, they are likely looking for transaction verification to confirm: Plic-sbd insurance claim plicsbd insurance claim on bank statement upd
If you need to update your details or verify a "PLIC-SBD" charge, you can use these resources: Principal Life Insurance Portal Principal Help Center Since the bank statement mentions CSBD, you can
: A payment from the insurance company for an approved claim (e.g., short-term disability). You’re scrolling through your bank statement
You’re scrolling through your bank statement, perhaps reconciling your monthly budget or checking for subscriptions you forgot to cancel. Suddenly, you pause. Your eyes catch a transaction line that looks like alphabet soup: