Are you planning to get insurance in the new year? Then today’s article is just for you. Today, we are going to tell you about an insurance scheme that is the cheapest in the country. Do you know IRCTC also provides insurance. Yes, IRCTC provides insurance coverage of 10 lakh rupees to rail passengers for just 45 paise. Today, we will talks more about this IRCTC insurance scheme in detail.
Insurance coverage can be obtained solely for confirmed, RAC, and partially confirmed tickets
As per IRCTC, this insurance of 10 lakh rupees is offered exclusively to passengers who purchase tickets online via IRCTC. Under the plan, insurance protection is only offered for confirmed, RAC, and partially confirmed tickets. This service is not accessible to kids younger than 5 years old. Nonetheless, children between the ages of 5 and 11 can access this service. In the event of an injury, the coverage for hospital expenses is distinct from that of death/total permanent disability/partial disability.
Through this IRCTC insurance plan, a sum of 10 lakh rupees is covered for death in a rail accident, 10 lakh rupees for permanent total disability, 7.5 lakh rupees for permanent partial disability, 2 lakh rupees for hospitalization costs due to injury, and 10 thousand rupees for the transportation of the deceased’s remains. As per IRCTC, the responsibility/obligation lies between the policyholder and the insurance provider.
This facility is entirely voluntary
It is important to mention that this facility is entirely voluntary. Nonetheless, securing insurance of 10 lakh rupees for only 45 paise is a wise decision. Every day, millions of travelers use trains throughout the country. Numerous travelers embark on extensive trips spanning hundreds or thousands of kilometers by train, and difficulties arise without any prior notice. In this situation, utilizing the service offered by IRCTC can only be advantageous; there is no downside to it.
