IRCTC changes train travel insurance rules

Indian Railway Catering and Tourism Corporation (IRCTC) is offering you insurance coverage of up to Rs 10 lakh for financial protection against train accidents and other untoward incidents, including robbery, at a near-zero premium of 68 paise.

IRCTC have been providing travellers free and mandatory travel insurance each time you book a ticket through its website or mobile app. Effective September 1, the service provider charge you 68 paise for the insurance coverage.

While booking tickets on the IRCTC website, you can find an option on “Travel Insurance” where you can choose whether you want travel insurance or not. The travel insurance provides a coverage of Rs 10 lakh for death and permanent total disability arising out of any train accident or other untoward incident. For permanent partial disability you are eligible to get Rs 7.5 lakh. You are also eligible to get Rs 2 lakh coverage for hospitalization expenses for injury. Acts like accident, robbery, dacoity and other violent acts during the train journey are also covered by the policy.

There is no insurance for children below the age of five. The travel insurance scheme is applicable only for Indian citizens. Citizens of foreign countries are not eligible for this scheme.

IRCTC has tied up with 3 insurance companies — Royal Sundaram General Insurance Co. Limited, Shriram General Insurance Company and ICICI Lombard General Insurance Company Limited — for the scheme.