Critical illness cover is usually paid in which form and to which age range is it typically available?

• A. Lump sum; 18 to 64
• B. Lump sum; 18 to 75
• C. Monthly payments; 18 to 64
• D. Lump sum; 16 to 63

Answer: (A)

Critical illness cover is designed to pay a single lump sum if you’re diagnosed with a defined serious illness. That upfront payment helps with medical costs, rehabilitation, or repaying debts, giving you flexibility in how you use the funds. Because it’s intended as a one-off payout, monthly income-style payments aren’t the norm for this product.

As for eligibility, most providers offer this cover up to about age 64. The upper limit around 64 reflects underwriting and product design, making 18 to 64 the typical available range. Options proposing monthly payments reflect different types of protection (like income protection) and age bands such as 18 to 75 or 16 to 63 are not the standard for critical illness cover.