1/- Insurance cover to Train Passengers:
Train passengers booking their tickets online through the IRCTC website will be able to opt for travel insurance cover from September for a premium of just one rupee.
Details:
The scheme offers travellers or their families compensation of
- up to Rs. 10 lakh in the event of death or permanent total disability,
- Rs. 7.5 lakh for permanent partial disability,
- up to Rs. 2 lakh for hospitalisation expenses.
The new facility will be available for all passengers of Railways who book the e-ticket, excluding suburban trains, through its website, irrespective of the class of the ticket, on a trial basis.
- The scheme is being implemented by IRCTC in partnership with ICICI Lombard General Insurance, Royal Sundaram and Shriram General.
- The three companies selected will get the insurance policy on a rotation basis from an automated system.
- IRCTC has engaged the providers for a period of one year, with the provision of extending the contract on a performance basis.
