In a recent development, IRCTC (Indian Railway Catering and Tourism Corporation) has introduced a new travel insurance policy for passengers. Under this policy, passengers are now automatically provided with insurance coverage. However, passengers also have the option to opt-out if they prefer not to avail of the insurance.
The new travel insurance policy by IRCTC aims to enhance the safety and well-being of passengers during their train journeys. By automatically including insurance coverage, IRCTC ensures that passengers have financial protection in case of any unforeseen events or emergencies.
Passengers who choose to avail of the insurance coverage will benefit from various provisions such as coverage for accidental death and permanent disability, coverage for hospitalization and transportation expenses in case of an accident, and coverage for the loss of baggage and personal belongings during the journey.
However, IRCTC understands that some passengers may already have their own insurance coverage or may not wish to avail of the additional insurance. Therefore, passengers now have the option to opt-out of the travel insurance policy during the ticket booking process. This way, they can avoid paying the insurance premium if they so desire.
It is important to note that opting out of the travel insurance policy is a voluntary choice, and passengers who choose to opt-out will not be eligible for any insurance coverage provided by IRCTC. They will be responsible for their own insurance arrangements in case of any unfortunate incidents during their journey.
With the introduction of this new travel insurance policy, IRCTC aims to provide a convenient and comprehensive insurance solution for passengers while also respecting their preferences and choices regarding insurance coverage. Passengers can now travel with peace of mind, knowing that they have the option to be automatically covered or opt-out if they have alternative insurance arrangements in place.
