Did you know that Ola and IRCTC offer insurance coverage during travel? So, what does this cover include? Let’s take a look.
No matter how much you prepare in advance for your trip, just like life, anything can go wrong, any time. And this doesn’t just hold true for your vacation but even for the journey you have to undertake to get to that destination. Whether it’s the cab ride you take to the airport or the long train ride to get to the hotel, if you have an insurance cover for the trip, you’ve secured yourself against any unexpected risk.
Recently, ride-hailing app, Ola and Indian Railway Catering and Tourism Corporation (IRCTC) have started offering insurance coverage during travel. Premium for these covers is available for as low as Rs. 0.49. Let’s find out more.
IRCTC Insurance Cover
IRCTC’s insurance cover is applicable only on bookings that are made through the next generation e-ticketing (NGet) website application. While making their booking online, customers are given the choice to opt for the insurance cover, and once selected, it will be compulsory for all passengers booked under the same PNR number. Once the booking is complete, the insurance company will send policy-related information to the insured via SMS and on their registered email ID. This will also include a link for filling out nomination details. You can also check the policy number and other details from the booking history available on the IRCTC page.
Additional Reading: Where To Get That Insurance Policy – Online Or Offline?
What Does The IRCTC Insurance Cover?
The IRCTC insurance scheme offers coverage for death, permanent total disability, permanent partial disability and hospitalisation expenses for injury and repatriation of mortal remains. In case of a rail mishap or accident, and in the event of death of a passenger during the train journey, the maximum cover is Rs. 10 lakhs. If a person becomes disabled, then the amount is Rs. 7.5 lakhs, and if the passenger gets injured, then the cover amount is of Rs. 2 lakhs. For the repatriation of mortal remains, the maximum cover is Rs. 10,000.
Additional Reading: 4 Ways You Could Get Robbed While Travelling Abroad
Ola Insurance Cover:
Ola offers its passengers insurance that will cover benefits like missed flights due to driver cancellations or uncontrollable delays, medical expenses, baggage loss and financial emergencies (for outstation trips). In fact, Ola users can directly claim from its app. The passenger will need to just choose the ride from the ‘Your Rides’ section that they wish to make the claim for, then go to the ‘Support’ section and select ‘Claim Insurance for this ride’ option. As a final step, to create a claim, they can tap on ‘Claim Insurance’.
If Ola users want to opt for insurance, all they will need to do is open the Ola app and click the menu option and then the profile option. On clicking the ‘Ride Insurance’ button, they can switch on the toggle for the ‘Opt-in for insurance’ to enable insurance for the ride. For the ride insurance coverage at Rs. 15 per ride, the insurance scheme will cover passengers for a personal accident of up to Rs. 5 lakhs; in case of hospitalisation arising from injury, coverage will be of up to Rs. 1 lakh. For missed flight (domestic travel), it is up to Rs. 5,000, and for medical evacuation, the insurance scheme will reimburse passengers up to Rs. 5,000 and up to Rs 10,000 respectively.
One might look at travelling just as a means to an end, but it would be imprudent to overlook the risks that often come with it. This is why you’ll need to cover all your bases with a trip insurance.
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