The "patched" status likely indicates the transaction was successfully processed or cleared after a previous issue, such as a temporary hold or verification delay. To confirm the legitimacy of this entry, check if you or your employer have any of the following active with Principal Financial Group: Accident or Hospital Indemnity Insurance. Critical Illness Coverage. Disability Benefits (Short-term or Long-term). Wellness or Health Screening Claims. Guide to Managing the Entry
Premium Deduction: If the entry is a withdrawal, it is likely a monthly premium for a voluntary benefit plan you enrolled in through your employer. Troubleshooting and Verification
Transaction Category: Banks often use these codes to categorize incoming or outgoing insurance-related transactions for easier record-keeping. How to Handle Unrecognized Charges plicsbd insurance claim on bank statement patched
is a specialized provider of Directors and Officers Insurance based in Lagos, Nigeria. In the context of insurance claims and bank statements, "patched" typically refers to rectifying discrepancies
: This is likely a specific merchant code or a typo for an insurance provider (possibly a local or niche firm). On bank statements, such codes often represent the billing entity for automatic premium deductions. "Insurance Claim" The "patched" status likely indicates the transaction was
Several major banks (Chase, BofA, SBI, and others) have added a small (i) icon next to patched transactions. Clicking it reveals the original claim metadata.
: Original death certificate (notarized), FIR (First Information Report) for accidents, or medical records. Policy Details Disability Benefits (Short-term or Long-term)
Fake Documents: Some scams involve providing fake policy updates to request sensitive information like PAN or Aadhaar details. Steps to Verify the Entry
Verify Your Policy: Check if you have an active D&O or personal accident policy with PLIC SBD.