by AIP Online Bureau | Sep 22, 2023 | Disaster & Management, Indian News, Policy
Additionally, in case of an untoward incident, Rs 1.5 lakh will be paid in case of death which was earlier Rs 15,000. Amount for grievous injury has been revised to Rs 50,000 from Rs 5,000 for grievous injury and compensation for a simple injury has been revised from...
by AIP Online Bureau | Aug 9, 2023 | Data, Disaster & Management
“Analyzing the trends over the past 20 years reveals a sharp drop in train accidents, plummeting from 473 during the fiscal year 2000-01 to merely 48 in the fiscal year 2022-23,” Union Minister Arjun Munda said New Delhi: Union Minister Arjun Munda on...
by AIP Online Bureau | Jul 17, 2023 | Indian News, Non-Life
Passengers booking their train tickets on the IRCTC portal are now automatically provided insurance cover for Rs 10 lakh, a senior insurance industry official told IANS The policy covers death/disabilities/medical expenses due to a train accident during the travel....
by AIP Online Bureau | Jun 4, 2023 | Indian News, Life, Non-Life, Policy
The department of financial services(DFS) has asked the General Insurance Council, the official representative body of general insurers, and Life Insurance Council, the official representative life insurers, to collect data from their members about their exposures to...
