What is the most suitable cover for someone wanting permanent total disability beyond age 65?

• A. Serious illness cover with own occupation PTD
• B. Any occupation PTD
• C. Serious illness cover with loss of independence
• D. Income protection cover

Answer: (C)

The most suitable cover for someone wanting permanent total disability (PTD) beyond age 65 is serious illness cover with loss of independence. This type of coverage is tailored to provide financial support if the insured person loses the ability to perform activities of daily living due to a serious illness.

As individuals age, concerns regarding total disability often revolve around chronic illnesses and the impact of such conditions on their independence. Traditional income protection cover may cease at a certain age and may not specifically address the needs for long-term financial support associated with serious health issues. Similarly, own occupation or any occupation PTD might not adequately cater to older individuals, especially considering that the definitions of work capability can shift significantly later in life.

By opting for serious illness cover with loss of independence, individuals can ensure that they have a safety net that is focused on their specific circumstances associated with aging, which can include living with significant health challenges and the necessity for assistance in daily living tasks. This option provides a clear benefit because it directly addresses the loss of independence, which is a common concern for those over the age of 65, ensuring that they receive the financial support they need in such situations.