Insurance Scheme For Railway Passengers
An
Optional Travel Insurance Scheme on a pilot basis for one year has been
launched w.e.f 01.09.2016 for the Railway passengers who book e-ticket
through official website of Indian Railway Catering & Tourism
Corporation (IRCTC) at the premium of Rs. 0.92 per passenger.
This
insurance scheme provides financial support to the family/legal heir in
case of death/injury of reserved passengers due to train
accident/untoward incidents as defined under section 123 read with
Sections 124 and 124A of the Railways Act, 1989, subject to the
qualification that the coverage will be valid from the actual departure
of train from the originating station to actual arrival of train at the
destination station including 'process of entraining' and 'process of
detraining' the train.
The Sums Insured to be given to passengers
are as follows: (i) In case of Death- Rs. 10 lakh, (ii) Permanent Total
Disability - Rs. 10 Lakh, (iii) Permanent Partial Disability upto- Rs.
7.5 Lakh, (iv) Hospitalization Expenses for Injury -Rs. 2 Lakh, (v)
Transportation of mortal remains - Rs. 10 Thousand.
IRCTC which is
a wholly owned undertaking of Ministry of Railways has entered into an
agreement with three Insurance Companies through Limited Tender, namely
(i) Shriram General Insurance Company Ltd., (ii) ICICI Lombard General
Insurance Company Ltd., and (iii) Royal Sundaram General Insurance Co.
Ltd.
(a) Ex-gratia is paid to the victims of train accidents and untoward incidents at the
following scales:
| Train Accident
(Sec.124) | Untoward Incident
(Sec. 124-
A) |
| In case of death | Rs. 50,000/- | Rs. 15000/- |
| In case of grievous injury | Rs. 25,000/-
lump sum for hospitalisation upto 30 days.
Rs. 300 per day at the end of
every 10 day period or discharge,
whichever is earlier. | Rs.5000/- lump sum for hospitalisation upto 30 days.Rs. 1000/- per week or part
thereof the period for indoor treatment
upto further six months of hospitalisation.
Rs. 500/- per week or part thereof the period for indoor treatment
upto further five
months of hospitalisation. |
| The maximum period
for which ex-gratia is payable to the grievously injured passenger will be 12
months. |
| In case of simple injury | Rs
5000/- | Rs. 500/- |
| | | |
The
insurance scheme is available on optional basis to passengers of all
reserved classes (SL, 1AC, 2AC, 3AC etc.) of all trains except passenger
trains and sub-urban trains for tickets booked online on the IRCTC
websites.
This Press Release is based on the information given by
the Minister of State for Railways Shri Rajen Gohain in a written reply
to a question in Rajya Sabha on 09.12.2016 (Friday).
PIB