Title - IRCTC’s 1-rupee travel insurance has been partial hit

IRCTC’s 1-rupee travel insurance has been a partial hit between travelers. Although 89 lakh travelers till now have opted for the 1 rupee travel insurance, but it is just 30% of the total booked tickets on IRCTC website.

IRCTC expect it to reach 1-crore by the end of this month as 300,000 passengers opt for the insurance daily on an average.

IRCTC chairman AK Manocha says that railway expects all passengers booking tickets on IRCTC website to opt for the insurance because no other insurance policy can better ours.

Under the current scheme –

10 lakh of rupees is granted in case of death or permanent disability.

7.5 lakh of rupees is granted in case of partial disability

A maximum of Rs 2 lakh is given if passenger is hospitalized.

Rs. 10,000 is granted to transport mortal remains of the passenger in case of death during train accident or any incident on board.

IRCTC is also looking for the ways to spread this scheme to more passengers, as it is only applicable on long distance journey trains if ticket is booked through IRCTC website.