Machinery Breakdown Insurance (MBD)
Machinery Breakdown Insurance offers you financial protection in case your machine suffers accidental, electrical and machinery breakdown requiring repairs and/or replacement. Machinery Breakdown Insurance covers all types of Industrial equipment like Turbines, Compressors, Generators, Transformers, Rectifiers, Electric Motors, Diesel Engines, Pumps, Wind Mills, etc.
Coverage
Factors
News
Covered Risks
All kinds of accidental, electrical and mechanical breakdown due to internal causes, external causes, operational deficiencies and human errors.
Internal causes include faulty material, defects in casting, faulty construction, overheating of parts, short circuit, faulty erection, disruption in case of rotating bodies due to centrifugal forces, failure of operations of safety devices, etc.
External causes include collision or impact from lifting machines or cranes, accidental falls during shifting, major operational disruptions, etc.
Pioneer Best has given us the following rating:
‘AAA’ & ST-1 Credit Rating for the 13th Consequtive year
The Company has been assigned “AAA” rating by Alpha Rating
Why Choose Us?
Certified Insurance
In the new era of technology we look in the future with certainty and pride, that’s why so.
20+ Years of Experience
In the new era of technology we look in the future with certainty and pride, that’s why so.
24/7 Support Available
In the new era of technology we look in the future with certainty and pride, that’s why so.
