Check if you or your employer have a business liability or D&O policy that might use this abbreviation.
If you weren’t expecting an insurance payout, don't panic—but do investigate.
Primerica is a major financial services company headquartered in Duluth, Georgia. They are one of the largest issuers of term life insurance in North America. When they issue a payment—most commonly an insurance claim payout or an annuity disbursement—this specific descriptor often appears on the recipient's bank statement.
If you need to submit a paper to initiate or follow up on a claim that will eventually result in a "PLICSBD" statement entry, use this format: