The Indian Railway Catering and Tourism Corporation (IRCTC) has devised plans to launch baggage insurance for passengers as part of its efforts to provide them more facilities while booking tickets online through IRCTC website. Under a tie-up with New India Assurance, IRCTC will offer cover to a passenger in case of theft or loss of baggage. Goods like mobile phone, laptop or other valuable articles will also be covered as part of the travel insurance package. In a move to make it best travel insurance, IRCTC has also decided to include other options like hospitalization during the journey. The premium would depend on a range of factors like length of the journey and class of travel.
With more than 2 million passengers commuting on a daily basis and about 52% opting for e-ticketing, IRCTC hopes that baggage insurance will become a hit among passengers.
Source: This news was published on April 21, 2015 in deccanherald.com under the title: IRCTC to offer baggage insurance for passengers
- Recent
- Popular
- Deportation of 30 Indian Students from US accentuates the importance of student travel insurance
Recently, 30 Indian students were deported from the US for failing to... - IRCTC to Launch Baggage Insurance for Online Passengers
The Indian Railway Catering and Tourism Corporation (IRCTC) has... - Bharti AXA Unveils its First Travel Insurance Policy in India
Bharti AXA General Insurance has become the latest entrant in the...
- ICICI Lombard, Bajaj Allianz General, Tata AIG General Insurance are Providing Insurance Plans for Students Studying in Foreign Universities
From 2011 to 2014, the number of students opting for local insurers... - ICICI Lombard to Tie up with Redbus.in for its Domestic Travel Insurance Business
ICICI Lombard has decided to tie up with the Indian bus ticket... - IRCTC to Launch Baggage Insurance for Online Passengers
The Indian Railway Catering and Tourism Corporation (IRCTC) has...
