Business

Train passengers to get insurance for just Rs.1

Train passengers to get insurance for just Rs. 1

TIL Desk/Business/New Delhi-In a bid to make train travel more passenger friendly, the IRCTC will offer an insurance cover for passengers from September for a premium of just Rs 1. Passengers booking their tickets on the Indian Railway Catering and Tourism Corporation website will be able to avail this facility. Those who book the e-ticket through its official website, irrespective of the class of the ticket, on a trial basis will benefit from this new scheme.

The scheme offers travelers 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 and Rs 10,000 for transportation of mortal remains in the event of death or injury from a train accident or other ‘untoward incident’ including terrorist attacks, dacoity, rioting, shoot-out or arson, as well as for short termination, diverted route and Vikalp trains, says a IRCTC release.

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