CURRENT AFFAIRS

Detailed explanation-1: -The travel insurance that passengers can purchase at 49 paise while purchasing their train tickets is standard travel insurance. It offers a coverage of up to Rs. 10 lakhs and covers events such as train accidents leading to death or permanent disability of the passenger and even robbery, loot, and other hazards.

Detailed explanation-2: -The premium w.e.f 01-Nov-2021 is Re. 35 paise per passenger inclusive of all taxes. 5. Customer shall receive the policy information through SMS and on their registered email IDs directly from Insurance Companies along with the link for filling nomination details.

Detailed explanation-3: -The coverage for the policy shall be for each passenger under the PNR in case of Death, Permanent Total Disability, Permanent Partial Disability, and Hospitalization Expenses for Injury and Transportation of mortal remains following Rail Accident or untoward incident.

Detailed explanation-4: -Moreover, this complimentary travel insurance also includes an exclusive coverage of Rs. 1 lakh against household theft / robbery during the travel period of the passengers.

Detailed explanation-5: -If a confirmed ticket is cancelled more than 48 hrs before the scheduled departure of the train, flat cancellation charges shall be deducted Rs. 240/- for AC First Class/Executive Class, Rs. 200/- for AC 2 Tier/First Class, Rs. 180 for AC 3 Tier/AC Chair car/ AC 3 Economy, Rs.