Indian Railways has stopped giving free travel insurance to passengers from today. In the wake of demonetisation, the Indian Railways Catering and Tourism Corporation (IRCTC) had started giving free insurance in a bid to promote digital transactions.
However, now if you want to avail the service, then you will have to pay out 68 paise premium as insurance. Also, the insurance can be availed only on tickets books online.
The IRCTC is now giving passengers two choices – either to opt-in or opt-out. Passengers booking tickets through computerised passenger reservation system (PRS) cannot opt for the insurance facility.
In emails sent to users Friday, IRCTC said, “Users who would like to opt for Passenger Travel Insurance will need to click a ‘Yes’ option provided for Travel Insurance in Passenger Reservation Form.
All passengers with age of 5 years and above will be eligible for Travel Insurance.” Read More
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