Railways insurance: Are you covered for the unexpected
What's the story
Millions of Indians depend on the railway network daily to travel to work, visit family, or explore new places.
While it's a lifeline for many, accidents and unforeseen events can happen.
Knowing your insurance options as a railway commuter is key to financial peace of mind during such incidents.
This article aims to demystify key insurance concepts and provide practical advice specifically for Indian railway passengers.
Travel cover
Opting for travel insurance
While booking tickets through the IRCTC website, passengers have the option to include travel insurance for a minimal premium of ₹0.49 per trip.
This insurance provides coverage for accidental death and permanent total disability, as well as hospitalization expenses arising from injuries sustained while traveling.
Considering its negligible cost, this insurance offers substantial coverage benefits to passengers, providing them with peace of mind during their train journeys.
Coverage scope
Understanding coverage details
IRCTC's travel insurance provides a comprehensive coverage of up to ₹10 lakhs in case of death or permanent total disability resulting from train accidents or specified incidents.
Additionally, it offers up to ₹2 lakhs coverage for hospitalization expenses and ₹10,000 for the transportation of mortal remains following an accident.
Overall, this policy ensures robust financial protection for passengers during their journeys.
Claim filing
Claim process simplified
In case of an accident or injury on a train, claiming insurance is a simple process.
The insured or their nominee needs to reach out to the insurance company with the ticket details and incident information within four days of the occurrence.
Supporting documents like FIRs, medical reports, and proof of identity are usually needed to facilitate the claim.
Extra features
Additional benefits worth noting
Certain IRCTC travel insurance policies also offer coverage for the theft or loss of luggage. While this benefit depends on the insurer, it further bolsters a sense of security during travel.
By choosing these comprehensive policies, passengers can mitigate potential risks associated with train journeys. They provide both financial safeguards and peace of mind for millions of Indian railway commuters.