Train Insurance: If you travel by train then this news is very important for you, because you should know what are your rights while traveling in the train. One such right is that of insurance, which comes along with your ticket. Whenever you book a ticket, you see an insurance option, on clicking which you are given insurance cover for the entire journey. In this you get insurance up to Rs 10 lakh. This insurance will also be useful to you in case of theft of luggage in the train.
Insurance for less than one rupee
It is often seen that people do not pay attention to this option while booking tickets, or some people deliberately do not take it. Whereas the price of this insurance is less than one rupee. That means for about 50 paise you are being given insurance of Rs 10 lakh during the entire journey. That is why whenever you travel, definitely click on the insurance option.
This is how you get insurance
Most of the people think that insurance is useful only at the time of accident, that is why they ignore it, but very few people are aware that insurance can be useful in other things also. If you are traveling by train and your luggage gets stolen, then the insurance company will compensate for the loss. IRCTC gives you this facility. Railways already have agreements with private insurance companies and compensation is paid on making claims.
You will have to complain immediately after the goods are stolen or the accident occurs. You can apply for your claim on the railway website or in the insurance company. Here you will have to give information about your ticket and other things. In case of an accident, the family members of the victim can apply for insurance.
