Many banks offer "free" accidental death or hospital cash insurance as a perk for opening an account. Often, these are opt-out products. After 6 to 12 months, the free period ends, and the bank begins automatically debiting the premium (PLICSB) unless you explicitly cancel.
If the bank cannot prove you agreed to this insurance, file a formal dispute. plicsbd insurance claim on bank statement best
: Keep a detailed record of all interactions with the claims manager to ensure continuity and resolve any delays. Butterfield Group Common Challenges and Solutions Plic-sbd insurance claim Many banks offer "free" accidental death or hospital