Territory Stories

Sunday Territorian 26 Mar 2017



Sunday Territorian 26 Mar 2017


Sunday Territorian; NewspaperNT




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Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin

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Nationwide News Pty. Limited

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Copyright. Made available by the publisher under licence.

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Nationwide News Pty. Limited



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10 NEWS SUNDAY MARCH 26 2017 NTNE01Z01MA - V1 RISING mental health claims are behind a big jump in the cost of personal insurance. Financial specialists say insurers were unprepared for the growth and rising awareness of mental health issues in recent years, and consumers are paying the price through higher premiums and tougher rules. Support service beyondblue says about a million Australians suffer depression and two million suffer anxiety, while data from insurers shows that mental health has become the equal-largest claims payout for income protection insurance policies. Insurance comparison website iSelect has seen an increase in claims related to conditions such as depression, anxiety, fatigue or drug and alcohol addictions. Spokeswoman Laura Crowden said it was good news that there was less of a stigma around mental health and that more people were seeking treatment and making claims, but negative forces such as Just Looking boutique owner Suzie Hesketh, Paul Arnold of Paul Arnold Photography, Attitude for Men owner Darlene Chin and Viva La Vida head chef Martin Bouchier are looking forward to the April 28 Friday city night market Picture: JUSTIN KENNEDY CITY traders will go back to the future with a Friday night markets next month. The Darwin City Waterfront Retailer Association is now calling for expressions of interest from interested stallholders. The markets follow the successful Sunday pop-up market trial earlier this month. Thousands visited the city with some retailers recording a 300 per cent rise in trade. Elements Day Spa owner and vice-president of the DCWRA, Elenena Gomatos, said it is hoped the markets would spread beyond the Mall and become a monthly event. Our first step has been to send out an expression of interests to our city traders, not just members of the DCWRA, to let us know if they are going to trade out or if they wish to take a position in the mall, she said. Invites have been sent to Mindil, Parap, Nightcliff Market stallholders and the Darwin collective for the April 28 event which coincides with a cruise ship visit. ASHLEY MANICAROS Friday night markets start to build up steam Payouts take off ANTHONY KEANE longer working hours and financial pressures were increasing stress. Recent years have also seen a big increase in the number of women with income protection insurance and females are more likely to claim for mental health conditions, she said. Life insurance giant TAL said it paid out $185 million in mental health claims last year second only to cancer in terms of total life insurance payouts. Separate insurance company data shows that for income protection, where most depression and anxiety claims surface, mental health-related payouts are running neck and neck with accidents and injury and are twice as high as cancer payouts. A TAL spokesman said people with mental health issues were spending more time out of work. Within income protection and mental health claims in particular, weve seen the duration of claims increase over the years which has resulted in greater total payouts, he said. Make the simple switch 1300 306 289navyhealth.com.au/ntCasuarina - Casuarina Square, 3 Dripstone Rd 8945 2122 utcas@bigpond.com Palmerston - 3 Maluka St, Gunn, NT 0830 8931 3411 utpalms@bigpond.com www.ultratunesa.com.au/book-now 10% DISCOUNT MANUFACTURER HANDBOOK SERVICE Includes: Service according to vehicle manufacturers specifications Maintaining your new car warranty Written report & book stamped All work guaranteed Mention this AD offer and get CONDITIONS APPLY. MAXIMUM OF $50 DISCOUNT, NOT TO BE USED IN CONJUNCTION WITH OTHER DISCOUNT OFFERS. Valid until 31-03-2017 AVOID UNEXPECTED SITUATIONS

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