Dear Mr. Baring,
Thank you for contacting us. The handle is indeed protected from whatever may be flowing through the valve, as the Plastic/Stainless Steel paddle is the only part touching the fluid, besides the sides of the valve itself, in order to stop the follow of fluid. You can view and purchase Slice Gate Valves from our page:
http://www.plumbingsupply.com/slicegatevalves.html
We do hope this information is helpful, and that you would not hesitate to contact us if we can be of any further assistance.
Thank you, Doni