Insurance progress

THE Insurance Council of Australia (ICA) is leading a push to expand mental health coverage in travel insurance policies.

ICA CEO Rob Whelan said the industry was reviewing a new report into mental health and travel insurance published by the Victorian Equal Opportunity and Human Rights Commission (VEOHRC) (TD yesterday).

“The ICA supported and cooperated with the VEOHRC investigation, and supports the aims of the Commission’s industry-focused recommendations,” said Whelan.

The changes to the travel insurance market reflect the importance of providing mental health cover to travellers, with 45% of Australians likely to suffer a mental health condition at some stage in their life, he said.