You paid less than Re 1 for railway insurance. But what exactly did you buy?
Last Update Date: 05-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that the low premium works because risk is pooled across millions of passengers, and said the cover should be seen as a group accident benefit. He also set out key exclusions and common reasons for claim rejection.
More of Abhishek's views on insurance
The article explains the optional railway travel insurance offered for less than Re 1 at ticket booking. It sets out the cover for accidental death, disability, injury hospitalisation and transport of remains, and notes that illness, missed trains and incidents outside the journey are not covered. It also covers the claim process and nominee details.
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You paid less than Re 1 for railway insurance. But what exactly did you buy?