Kumari Palany & Co

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Optional insurance for railway passengers

Posted on: 25/Jun/2016 12:16:23 PM
Falling in line with airline companies Railways will introduce optional insurance for railway passengers from the month of August.
 
Passengers will have to opt for it at the time of booking the tickets. An amount of Rs 20 to Rs 30 will be charged for the facility.
 
Under the scheme, the next of the kin of a passenger will be paid Rs 10 lakh if he/she dies or becomes permanently disabled during accidents. The injured will be paid up to Rs 7.5 lakh depending on the severity of injuries.
 
The insurance cover would be in addition to the statutory compensation given in case of train accidents.

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