Railways Travel Insurance A
to Z
A travel insurance cover of up to Rs. 10 lakh can be availed while booking a train ticket online by paying less than one rupee from 31 August 2016.
The claims under the new scheme is Rs. 10 lakh in case of death, Rs. 10 lakh in case of Permanent Total Disability, Rs. 7.5 lakh in case of permanent partial disability, Rs. 2 lakh for hospitalization expenses for injury and Rs. 10,000 for transportation of mortal remains.
Conditions of Railways Travel Insurance
The passenger insurance scheme was introduced by the railways on September 1, 2016 for 92 paise.
The
scheme is applicable only for Indian Citizens who book their e-ticket through
IRCTC Website Application only.
The Railways
Insurance is optional while booking the ticket . If the option is exercised it will be
compulsory for all passengers booked under one PNR number.
The
premium is 92 paise per passenger inclusive of all taxes.
It
is for passengers holding tickets such as confirmed, RAC and wait-listed
ones.
On
cancellation of the ticket, no refund of the premium will be given.
The
Travel Insurance Scheme is uniform for all classes, 2AC, 3AC etc.
The cover
is not be applicable for children upto 5 years of age and foreign citizens.
In case
of passenger opting for insurance, the claim/liability shall be between insured
and the Insurance Company
The
scheme offers travellers/nominees/legal heirs a compensation of
Rs 10
lakh in the event of death or total disability,
Rs 7.5
lakh for partial disability, upto Rs 2
lakh for hospitalisation expenses and
Rs 10,000
for transportation of mortal remains from the place of a train accident or
where an untoward incident, including terrorist attack, dacoity, rioting,
shootout or arson, occurs.
After
booking of ticket, the nomination details are to filled at respective
Insurance Company site. You will receive the policy information through
SMS and on your registered email IDs directly from Insurance Companies along
with the link for filling nomination details. However, Policy number can be
viewed from Ticket booked history at IRCTC Page.
If
nomination details is not filled then the settlement shall be made with legal
heirs, if the claim arises.
Railways Travel Insurance is being implemented by IRCTC in partnership with ICICI Lombard General Insurance, Royal Sundaram General Insurance and Shriram General Insurance.
How to buy Indian Railways Travel Insurance.. ?
Login to
the your account on irctc.co.in
Plan
your journey.
When you
book the tickets, Fill the passenger details.
At the
bottom of adding passenger details is an option for opting for Travel Insurance
as shown in Image below
IRCTC
INDIAN RAILWAYS TRAVEL INSURANCE BOOK TICKETS
Click on
next and you will be re-directed to payment option selection. Here you will
find the break up of travel charges. You notice that 92 paisa also
added to your travel amount.
Select
the payment option and book your tickets.
Once
tickets confirmed, then you will receive policy information through SMS
and on your registered email IDs directly from Insurance Companies along with
the link for filling nomination details.
Policy
number can be viewed from Ticket booked history on IRCTC Website
How to claim Indian
Railways Travel Insurance ?
One needs Report of the Railway Authority confirming the accident of the train or untoward incident. Report of the Railway Authority carrying the details of the passengers declared dead.
Claim Indian Railways Travel
Insurance in case of Death
Claim will be settled only to
nominee declared at the time of buying insurance through IRCTC portal. If
nomination not opted, then claim will be paid to Legal Heir only –
as per Legal Heir / Succession Certificate.
Insured
person, nominee or legal heir must visit nearest branch office of Insurance
Company within the 4 months from the date of accident.
Duly
Completed Personal Accident Claim Form signed by Nominee / Legal Heir along
with the NEFT mandate details & cancelled cheque.Photo identity proof of
nominee or legal heir.
Proof of
insurance policy details also must be submitted.
Benefits
will be payable by Insurance Company within 15 days of such documents received.
If there
is a delay, then Insurance companies have to pay more than 2% of rate of
interest of bank rate.
Claim
will not be acceptable beyond 365 days from the date of expiry of policy.
Claim
will be rejected if found to be fraudulent or supported by fraudulent.
Claim Indian Railways Travel
Insurance For
Disablement
Report of
the Railway Authority confirming the accident of the train or untoward
incident.
Report of
attending doctor confirming the extent of disability.
Medical
bills corresponding to doctor’s prescription.
Duly
Completed Personal Accident Claim Form signed by insured / Nominee.
Attested
copy of disability certificate from Civil Surgeon of that Hospital in which the
treatment has undergone stating % of disability.
Attested
copy of FIR.
All X-Ray
/ Investigation reports and films supporting to disablement.
Claim
form with NEFT details & cancelled cheque of the beneficiary.
Photograph
before & after disability.
Claim Indian Railways Travel
Insurance For Hospitalization
Report of
the Railway Authority confirming the accident of the train or untoward
incident.
Discharge
summary.
Original
Hospital Bills and medical bills corresponding to doctor’s prescription.
Advance
and final receipts (All receipts shall be numbered, signed and stamped).
Prescriptions
for medicines.
Diagnostic
Test Reports, X Ray, Scan, ECG and others including doctor’s advice demanding
such tests).
Cash
memos/bills for medicines purchased from outside.
History of Railways Travel
Insurance
The Railway Passenger Insurance
Scheme. was introduced in the 1993-94 railway budget and was administered by
the Railway Claims Tribunal. Details of the policy can be read on Railways Tribunal website. It was discontinued on
September 20, 2008 , citing higher premiums as a reason. Compensation under the scheme was decided as per the Railway Accident and Untoward incidents (Compensation) Rules 1990. ICICI Lombard was the last insurer for this scheme between September 20, 2007 and September 19, 2008. According to this expired scheme, any passenger with a valid ticket or pass including platform ticket is insured and they are entitled to a compensation of up to Rs 4 lakh in case of any untoward incidents.
Railways and Accidents
On an average, about 15,000
people are said to die in rail mishaps yearly. According to the National Crime
Records Bureau, in 2014, 28,360 rail accidents were reported, in which 3,882
were injured and 25,006 lost their lives. About 59% of IR tickets are booked online. The IRCTC site sees 3.2 million average daily user log-ins, with an average of 550,000 tickets booked a day, for about a million passengers.
An estimated 15-20 million had opted for the scheme in these 85 days. This compares to 3.2 million log-ins a day on the website and up to 700,000 bookings a day. Newspapers say only about 30 per cent of all tickets booked online opt for travel cover, though the premium of 92 paise for a passenger is one of the lowest in the world.
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