Indian Railway Ticket Rules: While booking tickets online, the railway passenger has to choose the option of insurance scheme. After this, a message comes from the insurance company on the mobile and e-mail ID of the railway passenger.
Indian Railway Ticket Rules: If a child buys a half ticket during a train journey, he will not get the benefit of the optional insurance scheme. According to IRCTC, the benefit of insurance will be available only after booking the seat by paying the full fare. Also, IRCTC has increased the per passenger premium of Rail Passenger Optional Insurance to 45 paise from April 1. Earlier it was 35 paise.
According to the IRCTC document, the benefit of Rail Passenger Optional Insurance Scheme will be available only to passengers who book e-tickets. That is, the insurance scheme will not be applicable on tickets purchased from railway ticket counters, private rail booking counters or brokers. This facility will be applicable on confirmed, RAC tickets of all train classes AC-1,2,3, Sleeper, Berth etc. Railway passengers on waiting list will not be eligible for the insurance scheme.
Option has to be chosen
While booking tickets online, the railway passenger has to choose the option of insurance plan. After this, a message comes from the insurance company on the mobile and e-mail ID of the railway passenger. Even if the train is run on a changed route due to some reason, the passenger will get insurance cover. Passengers will also get insurance benefits in alternative train booking. If due to unavoidable reasons the Railways transports the passengers to their destination by road, even in such a situation the passengers will be eligible for insurance benefits. If there is no heir to the insurance cover, the insurance claim will be granted from the court.
Insurance is worth Rs 10 lakh
It is known that in case of death of a railway passenger, Rs 10 lakh is given, Rs 7.5 lakh in case of partial disability and Rs 2 lakh is given to the dependent if the injured are treated in a hospital. Apart from this, Rs 10 thousand is paid for road transport.
27.30 crore passengers got insurance in the year 2019-20
According to the report of the Parliamentary Standing Committee on Railways, in 2018-19, 34.40 crore railway passengers got insured and the insurance companies received Rs 8.53 crore as premium. In the year 2019-20, 27.30 crore passengers paid Rs 13.38 crore as insurance premium. Whereas insurance companies made claim payments of Rs 6.12 crore in 2018-19 and Rs 3.73 crore in 2019-20.
It was started in 2016
Railway Passenger Optional Insurance Scheme was launched in September 2016. At that time, the insurance premium per passenger was 0.92 paise, which was paid by the government itself. In August 2018, the premium was reduced to 0.42 paise per passenger and the burden was passed on to the passengers. Later it was reduced again.
