Industrial Special Plant (ISP)
Seven Coverage Sections in One Comprehensive Mobile Plant and Equipment Insurance Package. UAS understands the importance of protecting assets and tailoring insurance solutions to safeguard mobile plant and equipment.
Incorporating seven key cover options into one package, ISP has been designed to protect all types of mobile plant and equipment from a simple forklift to the largest tower or mobile crane. ISP can be tailored to meet the needs of your client and provides a simple and easy one quote, one application process.
- Damage: Cover for owned mobile plant and equipment
- Hired in Plant: Cover for non-owned mobile machinery and plant hired in by the insured
- Additional Benefits: A combination of automatic and optional benefits which allows you to tailor coverage according to the insured’s business needs
- Financial Protection: A combination of covers that allow you to tailor coverage to protect your insured’s business from financial loss
- Breakdown: Cover for mechanical breakdown of mobile machinery and equipment
- Third Party Motor Vehicle Liability: Liability covering Third Party Property Damage and bodily injury for registered vehicles
- Tool of Trade Liability: Liability arising from using or operating the equipment
Product Information
UAS ISP Product Brochure
UAS ISP Product Flyer
UAS ISP Risk Appetite
Claim Forms
UAS ISP Claim Form
Motor eClaim Form QBE
Policy Wording
Please contact our team for more information about our Industrial Special Plant (ISP)
Phone: +65 9068 9315
Email: enquiry@uasg.com.sg
The policy contains automatic benefits:
ISP can be tailored to suit your business needs and includes the following automatic benefits:
Standard basis of settlement – Market Value
Damage to Lifted Goods
Unspecified Attachments
Substitute Machines
Transit Cover by Road
Non-Aggregation of Excess
Multiple Crane Operation – Dual and Multi Lift cover
Expediting Costs
Recovery Costs (No Damage)
Recovery Costs (Damage)
Employees’ property damage
Indemnity to Hirer – Wet Hire (hold harmless)
Appreciation in Value
Extra Costs of Reinstatement
Additions / Deletions of machines
Owners Protection (wet hire only)
Where Broadform Liability covered:
Property in an Insured’s Physical Possession or Legal Control
Vibration & Removal of Support
The policy offers a range of optional extensions:
ISP offers a range of optional extensions including, but not limited to, the below:
Agreed Value
New Replacement Value
Hired Out Plant – Damage Waiver Cover
Indemnity to Hirer
Owner’s Protection Plus
Signwriting
Funeral Expenses
Hired in plant
Choice of cover type
Loss of hiring charges
On-Hire on Dry Hire terms
Loss of Revenue and Increased Cost of Working
Increased Cost of Working
Lease Payments Protection
Lease Value Protection
PROCON / INDUSTRIAL PROFESSIONAL CONTRACTORS LIABILITY
UAA offers ProCon, a Professional Liability product designed for customers who are working and operating mobile plant and machinery.
Contact us to find out more
We partner with insurance brokers, agents and financial advisers to deliver tailored solutions catered for a wide range of clients and industries.
With our experience, technical knowledge and commitment to service, you have a trusted business partner who responds quickly and efficiently – helping you get more clients covered.
ISP can be extended to provide a number of additional benefits to meet your needs. Please contact your UAS Business Development Manager or ask your insurance broker or agent for further information.
Underwriting Agencies of Singapore
Head Office
Address:
5 Shenton Way,
#18-01, UIC Building,
Singapore 068808
Phone: +65 9068 9315
Email: enquiry@uasg.com.sg