Mining Exploration Insurance
Insurance for mining and resource exploration companies requires an understanding of the risks entailed. To assist, Business Insurance Specialists has developed simple to use application forms that obtain the preliminary information required to provide terms.
Insurance for the mining and resource exploration industry is a vital part of the cog in the wheel of the Mining industry. Without exploration, there is no construction and operation of a resource company.
The Australian mining and resource industry are both a major employer of Australian workers and major tax payer in both Federal and State tax. In fact, the tax paid in the Financial Year ending 2019, was almost $40 Billion as part of an overall tax take of the Federal Government in the Australian economy of $455 Billion. As a direct employer of 251,000 persons in the Australian community, mining is also a massive contributor to the finances of every-day people, in addition to other businesses that service the industry.
To also assist, for individuals and suppliers to the mining and resource industry who require either Liability or Professional Indemnity insurances, we can provide Mining Contractor Liability or Mining Consultant Professional Indemnity covers.
For a no-obligation quotation for your Exploration company insurances, contact us today.