Indore-Patna Express mishap: Your 92 paisa can get you insurance cover of Rs 10 lakh; here's how

Out of the total 695 passengers travelling on reserved seats in the ill-fated Indore-Patna Express train, only 128 had opted for the insurance plan the railway ministry had launched in September this year.

However, the scheme is just an optional arrangement under which a person booking a train ticket through the IRCTC website is able to opt for travel insurance cover for a premium of 92 paise only.

The scheme provides 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 in the event of a rail accident.

The facility is available to all passengers, excluding those travelling by suburban trains while booking online irrespective of the class.

According to a report published in The Indian Express, the families of the insured deceased will receive Rs 10 lakh as compensation from the railway ministry over and above the other compensation.

Here is all you need to know about the optional travel insurance: 

# The premium is Re. 92 paise per passenger inclusive of all taxes

# The scheme offers travelers/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 occurs.

# Customer shall receive the policy information through SMS and on their 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

# The coverage for the policy shall be for each passenger under the PNR in case of death, permanent total disability, permanent partial disability and hospitalisation expenses for injury and transportation of mortal remains following the rail accident or untoward incident. 

# The optional travel insurance will not be provided for the children below 5 years of age and foreign citizens. 

# The insurance cover is for passengers holding tickets such as confirmed, RAC and wait-listed ones

# The scheme is optional, however if the option is exercised it will be compulsory for all passengers booked under one PNR number.

(With inputs from agencies)