IQVIA Benefits Handbook
WHEN BENEFIT PAYMENTS END
When benefit payment(s) end will depend on the amount your beneficiary is eligible to receive:
  • If the total claim is less than $10,000, Lincoln will pay your beneficiary in a single lump sum. No further payments will be made from the plan.
  • If the total claim is $10,000 or more, a beneficiary may elect to have the proceeds deposited into a Lincoln Security Account, which is an interest-bearing checking account. A beneficiary may withdraw the entire amount immediately or may make smaller withdrawals over time. If the Lincoln Security Account is not elected, benefits will be paid in a lump sum.