Accident cover for train travel

With the Indian Railway Catering and Tourism Corporation (IRCTC) planning to launch insurance scheme for passengers from September onwards, all those booking tickets from its website will be able to avail of a personal accident cover.

Insurers including Shriram General, Royal Sundaram and ICICI Lombard General Insurance will provide the cover.

Sanjay Datta, chief-underwriting and claims, ICICI Lombard, said that the insurance

HOW IT WILL WORK

▪Go to IRCTC website for train seat booking

▪Click on insurance option

▪Money is auto-debited with ticket price if a customer

▪clicks on the insurance option If any accident occurs, the insurer pays the family or

▪insured for disability, hospitalisation or death

would provide coverage against personal accident and disabilities caused due to accidents. He added that for hospitalisation, too, compensation would be provided by the insurance company.

Premiums would be less than ~2 for a cover of ~10 lakh. While it was earlier expected that only public sector insurers would provide the cover, three private general insurers would be on board.