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  • Category: India

    IRCTC’s Rs. 10 Lakh insurance for travellers from 1st September onwards

    IRCTC announced Rs. 10 Lakh insurance in just Re.1 for the travellers, which is going to start from September 1st 2016 onwards. IRCTC signed agreement with ICICI Lombard, Royal Sundaram and Sree Ram General Insurance for this insurance benefit. The travellers who make their tickets online will get this opportunity by entering age, nominee name, nominee address, bank account details and other details for the benefit while booking tickets online at a cost of Re.1 only. In case of death due to rail accident the nominee will get 10lakh rupees; for fully disabled/handicapped the beneficiary will get Rs. 7 lakh and for serious injured and medicated the insured people will get 2lakh rupees. In addition, Rs. 10,000 will be given extra for delivery of dead body to their hometown. All these benefits will be given against any kind of train incidents like communal riots, dacoits, terrorist/naxal attacks, accidents during travelling, etc. Hope everyone will additionally secured with this a little.
  • #572744
    Even without insurance also, there is a legal provision regarding payment of compensation by the railways, in cases of unfortunate accidents.
    Payment of such compensation is governed by the Railway Accidents and Untoward Incidents (Compensation) Amendment Rules, 1997. The amount of compensation payable by the railways in case of death is Rs.4 lakhs and for injuries, the amount varies from Rs.32,000 to Rs.4,00,000 depending on the nature o injury sustained.
    An ex-gratia relief, intended to meet the immediate expenses @ Rs. 15,000 is also paid to the next of the kin of the dead. The amount is Rs.5,000 in the case of grievous injury and Rs.500 in the case of simple injury.
    Victims of untoward incidents such as terrorist acts, violent attack, robbery, dacoity, rioting, shoot out or arson in or on any train carrying passengers, waiting hall, , reservation or booking office, platform, any place within the precincts of a railway station or the accidental falling of any passenger from a train carrying passengers etc., are also covered under the compensation rules.

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  • #572748
    I think such a great lump sum amount of Rs. 10 lac for just Rs. 1 is a great amount. The poor who travel in ordinary class without any reservation are the unlucky people while the middle class and the upper-class people in the society who book tickets online are benefitted. I suggest the sum is very meagre and should be increased to Rs. 3/- for sleeper class and Rs. 5/- for A/C class.
    No life without Sun ¤

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