If you see a "PLIC-SBD" charge but do not have an active policy with this company, it could be a sign of a or an unauthorized payment.
Look at the card used (if it is a card transaction, not a direct bank transfer). The first 6 digits of your card (the BIN) tell you which bank issued it. If you have a local bank account but the PLICSBD code suggests a foreign entity, your card may have been compromised internationally. plicsbd insurance claim on bank statement
If you have an old policy that your parents bought for you 20 years ago, or an employer-provided group policy, the payout might arrive without a prior personalized email, looking like a random "Claim" code. If you see a "PLIC-SBD" charge but do