Do you know about IRCTC and Ola insurance coverage? Here’s all you need to know

Do you know about IRCTC and Ola insurance coverage? Here’s all you need to know

Do you know that app-based platform Ola and Indian Railway Catering and Tourism Corporation (IRCTC) offer insurance coverage during the travel? The cover provided by them is available for a premium as low as Rs 0.49. The premium for Ola in-trip insurance cover is at Re 1 for daily rides, Rs 10 for Ola Rentals, and Rs 15 for Ola outstation. However, the premium with effective October 1, 2018, is 49 paise per passenger which is inclusive of all taxes.
In case of rail mishappening or accident, the policy provides cover death, permanent total disability, permanent partial disability and hospitalization expenses for injury and transportation of mortal remains.Worth mentioning here that in case of a passenger’s death during the train journey, the maximum cover is Rs 10 lakh, if a person is disabled then the amount is Rs 7.5 lakh. Whereas if the passenger gets injured then the cover amount is of Rs 2 lakh and for the transportation of mortal remains the amount is Rs 10,000.

The insurance provided to the Ola passengers will cover the benefits such as missed flights due to driver cancellations or uncontrollable delays, medical expenses, baggage loss and financial emergencies (for outstation trips). The claim process is also hassle-free. One can claim directly from their Ola app. For this, the passenger has to choose the ride from ‘Your Rides’ for which they wish to raise a claim and then in the next step they have to tap the ‘Support’ from the bottom bar and select ‘Claim Insurance for this ride’. To create a claim, tap on ‘Claim Insurance’.

If you wish to opt for it, then all you need to do is to visit ola app and click on menu then on profile. Now click on ‘Ride insurance and then Opt-in for insurance by switching the toggle on. For the ride insurance coverage at Rs 15 per ride, the passengers will be covered for a personal accident up to Rs 5 lakh, Hospitalization due to injury up to Rs 1 lakh, missed flight (domestic travel) up to Rs 5,000, medical evacuation for up to Rs 10,000 among others.

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