A recently launched travel insurance scheme will go through its initial test after the derailment of Patna-Indore Express train near Kanpur on November 20. According to the scheme, the family of the deceased, who were insured are eligible to get Rs 10 lakh in addition to other compensations which were announced. According to The Indian Express report, Indian Railways is contemplation on a proposal to make the travel insurance a default facility for booked e-tickets, unless a passenger does not want it. On the evening of the accident, representatives of companies like ICICI Lombard, Shriram and Royal Sundaram went to the incident spot, sourced in the Indian Railway Catering and Tourism corporation (IRCTC) told IE. The assessment of the payout in claims is in crores of rupees.
According to IE, the express train had 695 passengers on board on reserved seats. 128 passengers out of the total had chosen the insurance option which costs 92 paise, to be paid during the time of booking online tickets. IRTC, however, had recently run a scheme to decrease the premium to just one paisa to popularise it. 78 people out fo the 128 people were on the train which the rest were to board in the upcoming stations. The norms of the insurance suggest that the passengers who suffer permanent disability in the accident will get Rs 7.5 lakh each. Rs 2 lakh will be provided to cover the charges in hospitals and Rs 10,000 for small injuries. Rs 5000 will be given for each luggage for a maximum of two bags.
Till now, in India, 2 crores sixty lakh people have been insured in the last three months which has made the total premium amount around Rs 1.82 crore. IRCTC chief A K Manocha told The Indian Express, “We do not earn much from this. But we want every passenger to benefit from the insurance. We aim for accident-free operations, so we hope no one ever has the misfortune of receiving the insured sum, but it’s comforting to know that it is there.”
According to provisions in Railway Claims Tribunal, each deceased’s family may get around Rs 4 lakh as compensation. Meanwhile, the government also announced an ex-gratia of Rs 3.5 lakh for the kin of the deceased and Rs 50 thousand for those with grievous injuries and Rs 25 thousand for those with minor injuries in the accident. The Uttar Pradesh government also announced a sum of Rs 5 lakh to deceased families, Rs 50 thousand for seriously injured people and Rs 25 thousand for people with minor injuries. There were other compensations from MP state government too.
When all of these are added, this might be the highest compensation amount a train-accident-deceased’s family has ever received.