Insurance Tips- Get 10 lakh insurance for just 45 paise, know its process

Friends, human life is full of uncertainties, where there is no idea of what will happen, so we should be prepared for the future, especially from a financial point of view, humans can face accidents at any time, so it is necessary to have insurance, you will be surprised to know that recently, a horrific train accident occurred near Siliguri in West Bengal. A high-speed freight train collided with the standing Kanchenjunga Express, resulting in the tragic death of 9 people and many people were injured. This incident has once again raised serious concerns about railway safety and preparedness for emergencies. Passengers and their families can secure themselves financially thanks to IRCTC's travel insurance of just 45 paise, let's know the full details about it-

What is IRCTC Travel Insurance?

When booking train tickets through IRCTC, you have the option to choose travel insurance at a nominal cost of 45 paise. You are eligible for coverage of up to ₹10 lakh in case of accident, injury or death during travel.

Why it matters: The value of 45 paise

Let’s put this in perspective:

In today’s times, 50 paise has no value.

Many vendors don’t even accept ₹1 coins.

Yet, for less than ₹1, you can secure your life (and that of your loved ones) during train travel.

This is very important—and often overlooked.

What coverage is provided?

Death coverage: Up to ₹10 lakh

Permanent total disability: ₹10 lakh

Permanent partial disability: ₹7.5 lakh

Hospitalization expenses: Up to ₹2 lakh

Transportation of the body: ₹10,000

How to claim insurance in case of an accident

If you or a loved one is involved in a train accident and you have opted for travel insurance:

Inform the insurance company listed in your IRCTC ticket email/SMS within 4 days of the incident.

Submit the claim form, identity proof, copy of ticket and FIR/hospital documents.

Claims are usually settled within 15-30 days depending on the documents.