We believe every Australian should have a comprehensive insurance program. We also know that getting income protection insurance when you work in the mining, oil and gas industry can be very difficult.

That’s why we started Insurance 4 Tradies!

We use our insurance expertise in income protection to get you the cover you need.

Compared to many other occupations, mining can be dangerous. Whether working above or below ground, mining workers are often exposed to risks associated with heavy machinery, working underground and with explosives.

Despite improvements in workplace safety over the past decade, the mining industry still had 2,395 serious workers compensation claims in 2008/09.* Of these, 23% involved twelve or more weeks off work* - how would you survive without income for 12 weeks?

An income protection plan can help you and your family - after all, your income earning capacity is your most valuable asset.

What is Income Protection?

Income Protection pays a % of your income if you can’t work because of sickness or injury. It will continue to pay you whilst you are unable to work, even up to age 65.

It is one of the most ‘claimed on’ insurance products as most people have some time in their working lives when they are off work due to an illness or accident.

Income Protection is also known as: income replacement, salary continuance, TTD - total but temporary disablement, wage insurance, salary insurance cover.

Income Protection premiums are fully tax deductible and any benefits received are assessed as income.

The payment provides a regular income stream that could allow your family to continue meeting their daily living expenses such as a mortgage and personal loans, general living expenses, school fees etc.

Your Occupation is Important

When you call us for a quote, we will ask for detailed information about your occupation to assist us give you an accurate quotation. We need to know about your qualifications and industry experience, also how long you have been working at your current site. What your work arrangements are FIFO/DIDO or if you work offshore. We also need to know about the mine features - hard rock/soft rock, open cut/underground and whether you handle explosives.

We then talk directly to our panel of underwriters to get the best occupational rating for you - which in turn gives you the most competitive price available in the marketplace.

Your occupation is the most important factor when determining price for income protection. There are certain occupations that may have restrictions placed on the policy - such as only being able to have a benefit period of 2 or 5 years rather than a policy which pays until age 65.

We make sure we get the best possible occupation rating for you - to help you protect your most valuable asset….your income.