: Confirm with your HR department if they have recently enrolled you in a new benefits plan.
Why would a "claim" result in a deduction? In banking and insurance jargon, a "claim" can also refer to an adjustment or recovery related to a policy. plic-sbd insurance claim on bank statement
Depending on whether the amount is a (money out) or a credit (money in), here is what the entry likely means: : Confirm with your HR department if they
If the bank confirms the money came from PLIC, call the PLIC customer care (usually available at 1800-180-7000 or your local circle office). Provide the policy number (if you have it) or the transaction details. They can confirm which policy generated the claim. Depending on whether the amount is a (money
: Insurance Expense (Personal) or Employee Benefits/Payroll Deduction (Business). How to Verify the Charge