MMC Benefits Handbook
How Benefits Are Paid
If you die, your designated beneficiary will receive one of the following:
  • a lump sum check made payable to the beneficiary if the benefit is under $7,500, or
  • an interest-bearing money market account in the name of the beneficiary. Your beneficiary can access all or part of the benefit at any time by writing a check against the account which is administered and guaranteed by the Claims Administrator. Your beneficiary will be provided with full details on the account when the benefit becomes payable.