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, Lincoln will provide your beneficiary with a retained asset account containing the funds. A beneficiary may withdraw the entire amount immediately or may make smaller withdrawals over a period of time.