Rs 10 lakh cover for 45 paise: Counter rail ticket buyers get insurance option
The Indian Railways is extending its optional travel insurance scheme to passengers purchasing reserved tickets at reservation counters starting October 27. For a premium of 45 paise, passengers can receive coverage of up to Rs 10 lakh for accidents and disability.
Why it matters
This expansion improves social security for rail passengers who do not book tickets online, increasing accessibility to financial protection.
NEW DELHI: From Tuesday (Oct 27), all railway passengers buying reserved tickets from reservation counters can opt for travel insurance. At present, optional travel insurance facility is available only for reserved tickets bought online.The insurance premium is only 45 paise per passenger, including taxes, with coverage of Rs 10 lakh in case of death and permanent total disability in a train accident.The scheme has provision for payment of Rs 7.5 lakh for permanent partial disability and up to Rs 2 lakh for hospitalisation expenses arising from injuries, as well as Rs 10,000 towards transportation of mortal remains of deceased passengers. The Railway Board has directed all its zones to implement the facility.It said, “Where a passenger opts for insurance, the applicable premium shall be collected along with the ticket fare through digital means only.
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