Industrial Special Plant (ISP)
- Equipment Breakdown
- Financial Loss
- Product Liability
- Property Damage
- Public Liability
- Third-Party Damage
- Plant and Machinery:
- Mobile Cranes
- Tower Cranes
- Crane Trucks
- Earthmoving Equipment
- Aerial Access equipment
- Drilling Equipment
- Paving Equipment
- Non Self Propelled Plant
- Quarrying Equipment
- Concrete Equipment
- Forklifts and Telehandlers
- Conveying Trucks and Support Vehicles **
- And much, much more…
- Industry Occupation:
- Crane Operators
- Earthmoving and Trenching Contractors
- Civil Contractors
- Road making Contractors
- Mining
- Quarrying
- Machinery and Equipment Hire
- Structural Steel Erection and Fabrication
- Boring / Drilling Contractors
- Concrete Pumping
- Forklift Operators
- Aerial Access Hire
- Just to mention a few!
Product Overview
Industrial Special Plant (ISP) by Underwriting Agencies of Australia Pty Ltd is designed for businesses that rely on mobile plant and equipment. This cover suits operators, owners, and hirers who need strong protection for their assets, from cranes to earthmoving machines.
About Industrial Special Plant (ISP) by Underwriting Agencies of Australia Pty Ltd
The policy covers a wide range of risks, including equipment breakdown, property damage, public liability, and third-party damage. It also provides cover for both owned and hired-in machinery, making it flexible for different business needs.
Automatic benefits like Market Value Plus and Multiple Crane Operation are included, while optional extensions can be added to suit unique situations. The maximum coverage available is up to AUD 350 million, and the policy is available across all states in Australia.
Industrial Special Plant (ISP) by Underwriting Agencies of Australia Pty Ltd is suitable for industries like construction, mining, civil contracting, and equipment hire. It is designed to support businesses of all sizes, offering both comprehensive protection and flexibility.
For more details or to get a quote, brokers can use the ‘Contact Underwriter for Quote’ option or downloadable forms provided on this page. The product documents and application forms are available for quick access, making it easy to get started.
Industrial Special Plant (ISP) by Underwriting Agencies of Australia Pty Ltd. FAQs
What types of businesses can benefit from the program?
Industrial Special Plant (ISP) by Underwriting Agencies of Australia Pty Ltd is suitable for businesses that use mobile plant and machinery. This includes crane operators, civil contractors, mining companies, earthmoving contractors, and equipment hire firms. The policy is also a good fit for those working in road making, quarrying, and structural steel erection.
What kinds of equipment are covered under the Industrial Special Plant (ISP) policy?
The policy covers a wide range of plant and machinery, such as mobile cranes and tower cranes, crane trucks and earthmoving equipment, and aerial access, drilling, and paving equipment.
This broad coverage helps protect key business assets.
Does the ISP policy provide cover for both owned and hired-in equipment?
Yes, the Industrial Special Plant (ISP) policy covers both owned and hired-in equipment. This flexibility allows businesses to protect their assets, whether they own or rent machinery for projects. The policy is designed to suit changing business needs and supports a range of plant hire arrangements.
Can the Industrial Special Plant (ISP) by Underwriting Agencies of Australia Pty Ltd policy be customised for different industries?
The policy can be tailored for many industries, including construction, mining, and equipment hire. Optional extensions and flexible cover options help businesses build a policy that matches their unique risks. For more on industry-specific cover, see the Construction Insurance category page.
Is the Industrial Special Plant (ISP) policy available in all Australian states?
Yes, the Industrial Special Plant (ISP) policy is available to businesses in every state and territory across Australia. This ensures that companies, no matter their location, can access the same level of cover and support for their plant and equipment needs.
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