With mental health costing $160 million a year in income protection and disability claims, AIA Australia has extended its partnership with SuperFriend for another five years.
The life insurer will be funding the national initiative to help educate individuals, employers, and workplaces about improving and maintaining their mental health.
SuperFriend’s mission is to reduce the incidence of suicide and the impact of mental illness.
AIA Australia’s chief executive, Damien Mu, said occupational rehabilitation has been a big focus of its business to establish successful intervention and management of workplace illness and injury.
“By ensuring employers and workers are properly educated in how to identify, understand and manage mental health issues, we are better able to ensure early intervention before these issues start to seriously affect a worker’s everyday life and ability to do their job,” Mu said.
AIA Australia covers over a quarter of all superannuation fund members in Australia.
