Indian Railways provides insurance of Rs 10 lakh to passengers. Many passengers are not aware of this facility of railways. In this insurance, the loss caused in railway accidents is compensated by the company. The premium of this insurance is only 45 paise. Let us know in this article which passengers get the benefit of this insurance?
It would not be wrong to say that all the railway stations in India are crowded with passengers 24 hours a day. You can check the number of trains on any route but there is very little chance of finding an empty train. The number of rail passengers in India is increasing every year. On the other hand, news of train accidents is heard every day.
On 19 May 2024, 3 passengers were injured due to the fall of an iron pole on the Shalimar Express. In case of such accidents, insurance is provided by the Indian Railways.
Do you know that Indian Railways provides Railway Travel Insurance to every passenger. This insurance is available to those passengers who take insurance while booking train tickets. Many people do not know about this insurance.
What is Railway Travel Insurance
Railway travel insurance benefits are available to those passengers who book tickets online. If a passenger books a ticket offline i.e. by going to the counter, then he does not get this benefit. However, taking this insurance is completely dependent on the passenger. If the passenger wants, he can also refuse this insurance.
The premium of railway insurance is 45 paise. Passengers traveling in general coach or compartment do not get the benefit of this insurance.
How much is the insurance
This insurance of Indian Railways provides a cover of Rs 10 lakh. In this, the loss caused in a train accident is compensated by the insurance company. If a passenger dies in a train accident, then the company gives an insurance amount of Rs 10 lakh to the nominee. On the other hand, if a passenger becomes disabled, then the company gives Rs 10 lakh to the passenger.
In case of permanent disability, the passenger gets Rs 7.5 lakh. On the other hand, the injured passenger gets Rs 2 lakh for treatment.
How to get insurance
If you also want to avail the benefit of railway travel insurance, then you have to select the option of travel insurance while booking tickets online. The premium amount of insurance will be added to the ticket.
As soon as you select the insurance option, a link will be sent to your email ID and mobile number. By going to this link, you will have to fill the nominee details. After adding the name of the nominee, the insurance claim is easily received.
