SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Travel Insurance: An Initiative by Indian Railways

The Indian Railway Catering and Tourism Corporation (IRCTC) has now taken the first step in its ambitious initiative to provide travel insurance to its users. The railways, in partnership with insurance major, New India Assurance, will now provide insurance which will depend on the length, class, etc, of the journey. In the first phase of this project, insurance will only be provided via IRCTC website. Further, the aim is to reach at least one million customers.

According to a senior railway official, "For the railways, it may be a win-win situation. It anyway ends up paying out of its own pocket a considerable amount as compensation to train accident victims. The travel insurance will only mean that the railways will have a corpus, that too as commuter contribution, to pay insurance for such incidents."

To know more about this project, visit the following link:

http://www.dnaindia.com/mumbai/report-how-about-railway-insurance-of-rs-10-lakh-for-a-premium-of-rs-25-2077535

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Need for Human Resource Management in small busine...
Forecast for East Asia countries by World Bank

Related Posts

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Friday, 06 June 2025