₹10 Lakh Coverage for Under ₹1: Indian Railways Travel Insurance
For passengers traveling via e-tickets, the Indian Railway Catering and Tourism Corporation (IRCTC) offers a remarkably affordable safety net. For a premium of less than one rupee, travelers can opt for a travel insurance scheme that provides coverage of up to ₹10 lakh.
Typically costing just 45 paise per passenger (including all taxes), this insurance is designed to provide financial support during specific rail-related accidents.
Detailed Coverage Breakdown
The policy is structured to provide varying levels of compensation depending on the severity of the accident:
- Accidental Death or Permanent Total Disability: Up to ₹10 lakh.
- Permanent Partial Disability: Up to ₹7.5 lakh.
- Hospitalization Expenses: Up to ₹2 lakh for injuries resulting from an accident.
- Transportation of Mortal Remains: ₹10,000.
Rules and Eligibility
Understanding how this insurance applies to your journey is crucial to ensure your family is protected:
- PNR Rule: While the insurance is optional, if you choose to opt for it, it becomes mandatory for every passenger listed under that single Passenger Name Record (PNR).
- Ticket Types: The scheme is available for Indian citizens holding confirmed, Reservation Against Cancellation (RAC), or partially confirmed tickets.
- Validity Period: Coverage begins from the actual departure of the train until it reaches its destination, which includes the time spent boarding and de-boarding. It even covers accidental falls from moving trains.
- Nominee Details: Passengers are encouraged to provide nominee details; if not provided, the settlement is managed with legal heirs.
- Exclusions: Children under five years old who do not have a separate berth or seat are not covered.
What is Not Covered?
It is important to note that this is not a comprehensive health or general accident plan. The following scenarios are excluded:
- General illnesses.
- Self-inflicted harm.
- Incidents that occur outside of the railway station premises.
The policy specifically covers accidents defined under Section 124 of the Railways Act, such as train collisions and derailments.
Recent Legal Developments
The importance of accessible rail insurance has been highlighted by recent legal rulings:
In February 2026, the Bhopal Consumer Commission ordered an insurance provider to pay ₹10 lakh in compensation to the family of a passenger who lost their life in a train accident.