IRCTC provides insurance cover up to Rs 10 lakh to its passengers, that too at a cost of less than Re 1. This facility is given to those passengers who book tickets online.
Most of us travel by train, but do not know about the travel insurance available during the journey. The reason for this is that either we book our tickets through a broker and the broker does not inform us about such a facility. Or if we book tickets ourselves, then due to the hassle of filling the details, we ignore the insurance option. Explain that IRCTC provides insurance cover of up to Rs 10 lakh to its passengers, that too at a cost of less than Re 1.
This facility is given to those passengers who book tickets online. Whenever you book a ticket on the IRCTC website, you get to see the option of ‘Travel Insurance’ on the front window itself. This insurance is meant to compensate for any kind of damage caused in a train accident. You have to fill some details by clicking on it while booking the ticket. After that you get registered under this insurance. Know here the details of insurance provided by IRCTC.
who is eligible
Any passenger booking a ticket for travel through IRCTC website or app can take advantage of this facility of insurance. But only Indian citizens get the benefit of this facility, foreign citizens do not come under its purview. Many flight ticket booking websites also offer this type of insurance, but their premium is much higher than this.
What is the benefit of insurance
If you opt for this insurance, then if any of your valuables are lost during the journey, then the insurance companies compensate for your lost luggage. Apart from this, in case of unfortunate accident, the expenses of treatment and in case of unfortunate death, the dependents get financial help in compensation.
Insurance amount is received according to the loss
Under the railway travel insurance facility, if a passenger dies in a train accident or is permanently disabled, then an insurance amount of up to Rs 10 lakh is given. If the passenger becomes partially disabled, he is given Rs 7.5 lakh as compensation. On the other hand, in case of serious injury, assistance of Rs 2 lakh is given and in case of minor injury, passengers get up to Rs 10,000 from the Railways.
How can claim
Insurance can be claimed within 4 months of the train accident. For this facility provided by IRCTC, you can file a claim for insurance by going to the office of the insurance company from which you have bought insurance. Keep in mind that while buying insurance, fill the name of the nominee, so that there is no problem in claiming it in case of any untoward incident.
