Mining

Overview

Mining insurance is a policy designed specifically for mining operations to protect your business from the unique hazards it faces. Typically, these policies combine a variety of liability and property and casualty coverages to cover each aspect of your business 

1. Environmental Insurance

Environmental insurance policies will cover financial losses that can occur from a pollution or contamination incident. These can include: 

  • Third parties’ compensation for injury and property damage 
  • Clean-up costs
  • Fines and penalties imposed by the Authorities 
  • Legal defence costs 
  • Emergency response costs 

2. Civil Engineering Completed Risk Insurance

This policy provides coverage against losses or damages to civil engineering structures after their completion such as highways, roads, bridges, tunnels, dams, etc. The coverage is only granted for material damage to the structures insured and only repair costs are indemnifiable.

3. Group Life Assurance Scheme:

provides a lump sum payment to beneficiaries in the event of death of a member.

Optional cover can also be included in the event of ill-health retirement, where one is prematurely retired due to ill health rendering them unfit to perform their normal day-to-day functions which they are qualified for.

4. Medical Aid Plans

Self-administered medical aid scheme:

Enjoy the benefits of customising your medical aid cover to your own preference as a large corporate, with the advantage of rolling over surplus premium into the next months.

Conventional Medical aid plans: Access to a wide range of packages through our partnered medical aid societies.

 

5. Hospital Cash Back

Pays a stated amount for each day spent in hospital when admitted for more than 48 hours.

Add facility for individuals to register, add dependants, pay premium, submit a claim, download schedule of payments due to the insurer.

 

6. Funeral Plans

Provides full funeral services including mourners bus transport, with option for cash in lieu of service.

Add facility for individuals to register, add dependants, pay premium, submit a claim, download schedule of payments due to the insurer.