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Indian Railway Ticket Rules: If a child buys a half ticket during train travel, he will not get the benefit of the optional insurance scheme. According to IRCTC, the benefit of insurance will be available only after booking the seat by paying the full fare. Also, IRCTC has increased the per passenger premium of Rail Passenger Optional Insurance to 45 paise from April 1. Earlier it was 35 paise.
According to the IRCTC document, the benefit of Rail Passenger Optional Insurance Scheme will be available only to passengers booking e-tickets. That is, the insurance scheme will not be applicable on tickets purchased from railway ticket counters, private rail booking counters or brokers. This facility will be applicable on confirmed, RAC tickets of all train categories AC-1,2,3, Sleeper, Berth etc. Waitlisted Railway Passengers will not be eligible for the Insurance Scheme.
must choose option
While booking tickets online, the railway passenger will have to choose the option of insurance scheme. After this, a message comes from the insurance company on the mobile and e-mail ID of the railway passenger. Even if for some reason the train is run on a changed route, the passenger will still get insurance cover. Passengers will also get the benefit of insurance in alternative train booking. If due to unavoidable reasons the Railways transports the passengers to their destination by road, then in such a situation also the passengers will be eligible for insurance benefits. If there is no heir to the insurance cover, the insurance claim will be given from the court.
The insurance is worth Rs 10 lakh
It is known that in case of death of a railway passenger, Rs 10 lakh is given, in case of partial disability, Rs 7.5 lakh is given and if the injured is treated in a hospital, the dependent is given Rs 2 lakh. Apart from this, Rs 10,000 is paid for road transport.
27.30 crore passengers got insurance in the year 2019-20
According to the report of the Parliamentary Standing Committee on Railways, in 2018-19, 34.40 crore railway passengers got insured and insurance companies received Rs 8.53 crore as premium. In the year 2019-20, 27.30 crore passengers paid Rs 13.38 crore as insurance premium. While insurance companies paid claims of Rs 6.12 crore in 2018-19 and Rs 3.73 crore in 2019-20.
It started in 2016
Railway Passengers Optional Insurance Scheme was launched in September 2016. At that time the insurance premium per passenger was 0.92 paise, which was paid by the government itself. In August 2018, the premium was reduced to 0.42 paise per passenger and the burden was passed on to the passengers. Later it was reduced again.