IRCTC’S Railway Insurance Scheme Receives a Positive Response
IRCTC’S Railway Insurance Scheme Receives a Positive Response:- The insurance scheme of Indian Railways has amassed huge positive and overwhelming responses in less time. IRCTC (Indian Railway Catering and Tourism Corporation) launched the insurance scheme on September 1.
Officials say, in less than a month’s time the response has been gathered. As over one crore passengers opted for it.
A.K. Manocha, IRCTC Managing Director, and Chairman say, “The optional insurance scheme has elicited an extremely favourable response from the rail passengers.” He furthers added saying, in less than a month, the passenger-friendly measure has been opted for by one crore passengers untilThursday, September 29.
The scheme was announced in the Railway Budget 2016-17 as well. In addition, it allows a travelling passenger to get insurance cover up to Rs. 10 lakh on booking a train ticket via online at minimal pay of 92 paise.
Furthermore, the scheme also includes offers for travellers or their families’ compensation of Rs. 10 lakhs. This compensation is covered in the event of death or permanent total disability. Whereas, Rs. 7.5 Lakhs for permanent partial disability and Rs. 2 lakhs for hospitalization expenses.
Adding more to the insurance scheme, there is also a provision to pay Rs. 10,000 for transportation of mortal remains in the event of death or injury from a train accident or other “untoward incidents”.
The provision also includes terrorist attacks, dacoity, rioting, shoot-out, or arson, in fact for short termination, diverted route and Vikalp trains.
According to the IRCTC, the optional insurance scheme facility is available for all the passengers who book e-tickets, excluding suburban trains, through its website, irrespective of the class of ticket.
Moreover, People wanting the coverage for children below five years of age have to mention details of the child at the time of booking the train ticket. Therefore, accordingly travel insurance premium adds up to the total amount payable.
The insurance scheme is covering is covering it all, the passenger from the actual departure of train from originating station to the actual arrival of train at the destination. Not forgetting, this includes the entraining and detraining process of train too.