In India, the Indian Railways Catering and Tourism Corporation (IRCTC) offers optional travel insurance to passengers booking tickets through their online portal. This insurance coverage is available at a nominal premium and can be selected while booking the train ticket. This railway travel insurance is given to passengers at ₹0.35 paise while booking tickets. Through this facility, IRCTC provides insurance coverage of up to ₹10 lakhs to its passengers. But, how does this work?
How Does IRCTC Travel Insurance Works?
The horrific railway accident in the Balasore district of Odisha has shocked everyone. So, it’s best to opt for travel insurance when you do your tickets.
Travellers have the option to purchase travel insurance when purchasing train tickets on the Indian Railway Catering and Tourism Corporation (IRCTC) website or mobile app. Passengers may protect themselves against a variety of travel-related hazards with the help of this extra feature, including trip cancellations, delays, and unexpected medical needs while travelling.
This insurance protects against a variety of terrible occurrences, such as railway accidents that result in the passenger’s death or permanent disability, as well as cases of theft, looting, and other potential risks. It offers coverage up to Rs 10 lakhs. Your whole journey from the starting point to the destination will be protected if you choose this travel insurance, and this complete coverage costs 35 paise.
An insurance payout of up to ₹10 lakh is made in the event that a passenger dies in a railway accident or sustains permanent disability. The passenger receives compensation in the amount of ₹7.5 lakh if they suffer a partial disability. Passengers receive up to ₹10,000 in compensation for minor injuries, and ₹2 lakh in help for major injuries.
How To Claim This Insurance?
Within four months of being involved in a railway accident, Indian Railways passengers may file an insurance claim. By visiting the insurance company’s office, passengers can submit an insurance claim. The nominee’s name must be included when choosing insurance for a passenger. If such is the case, claiming it in the event of an unfortunate event won’t be an issue.
Here is the step-by-step procedure to get IRCTC travel insurance:
- When purchasing a ticket, the customer must select the “Travel insurance” option. Then, the insurance firms will send him or her an SMS and send the policy details to their registered email addresses. To submit the nomination information, click on the linked link.
- The traveller must fill out the nomination information on the website of the appropriate insurance company after purchasing their ticket.
So the next time you do a train ticket, remember to opt for travel insurance definitely.
Cover image credits: Canva