An alarming train accident has left the entire nation in shock as it unfolded in Odisha’s Balasore district.
The devastating incident has claimed the lives of 288 individuals, with an additional 1,091 people sustaining injuries.
The relief and rescue operations have concluded, and efforts are underway to repair the damaged tracks to restore train services.
In the wake of this unfortunate event, the authorities have announced compensation of Rs 10 lakh for the families of the deceased, Rs 2 lakh for the injured, and Rs 50,000 for minors who suffered injuries.
However, it’s worth noting that travel insurance is available for those booking tickets through IRCTC.
Important Information on Travel Insurance for Train Passengers
Before booking train tickets, passengers have the option to avail travel insurance. By paying a nominal fee of just 35 paise, passengers can secure a coverage of Rs 10 lakh.
It’s essential to understand that this travel insurance is not provided by the railways themselves,
but rather by insurance companies. This optional facility is exclusively available for online ticket bookings.
How to Obtain Travel Insurance?
To avail travel insurance for train journeys, passengers need to apply for it at the time of ticket booking.
During the online purchase of a railway ticket through IRCTC, there is an option to select travel insurance.
By opting for it and paying a mere 35 paise, passengers can secure coverage up to Rs 10 lakh.
Experts strongly recommend passengers to take advantage of this insurance while purchasing tickets.
In case of an unfortunate accident, this insurance can prove to be immensely beneficial. Upon paying the 35 paise fee, passengers receive a document via email and message as soon as the ticket is booked.
It is crucial to promptly fill in the nominee’s details upon opening this document to avoid any complications during the claim process.
Compensation Amounts and Coverage Details
This travel insurance provides compensation for various circumstances, including loss of belongings and baggage during the train journey.
Additionally, it offers coverage for medical expenses and compensation to the insured’s nominee in the event of death or permanent disability.
In case of death or total disability, the nominee receives Rs 10 lakh. For partial disability, the compensation amount is Rs 7.5 lakh,
while serious injuries warrant Rs 2 lakh. Minor injuries are compensated with Rs 10,000.
Procedure for Filing a Claim
In the unfortunate event of a train accident, passengers can file a claim within four months. To initiate the process,
visit the nearest office of the insurance company offering the coverage and submit the necessary documents.
It is important to note that this travel insurance facility is applicable only to confirmed or RAC ticket holders.
