Mining & Oil Workers Insurance - Occupation Group


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DBT Financial Adviser Glenn Armstrong is an Authorised Representative of Guardian Ltd trading as Guardian Financial Planning ABN 40 003 677 334 Australian Financial Services Licence No 237641.

Mining, Oil & Gas

Working in the mining, oil and gas industry can be an extremely rewarding and fast paced career.

It also provides a number of challenges that most other occupations don’t have to worry about – like working in remote areas, and putting your body in potentially dangerous situations. Whether working above or below ground, mining workers are often exposed to risks associated with heavy machinery, vehicles, working underground and working with explosives.

Despite improvements in workplace safety over the last decade, the mining industry still had 2,395 serious workers compensation claims in 2008/09. The most common causes of these claims were muscular stress (33%), falls, trips and slips (23%) and being hit by moving objects (19%).

Did you know, mining ranks in the top three industries in terms of fatalities, with an average of 7.4 deaths per 100,000 employees in 2008/09. That’s more than three times the national average of 2.3.

*   "Key Work Health and Safety Statistics, 2010"
– Safe Work Australia

Combine these threats with the risks everyone faces in their day to day lives – like cancer and heart disease, and it makes sense for miners to have a contingency plan in place.

Which begs the question: how well are you protected against the financial consequences of death, sickness and injury?

When you have an income, debts, and a family to protect, appropriate insurance cover is a vital back-up plan for any miner. And it pays to get specialist advice from someone who understands the unique demands of your industry.

To find out more about the types of insurance available for miners, please call our office.