In the wake of the devastating triple train crash in Odisha, the Finance Ministry has taken swift action, calling upon insurance companies to expedite the claim settlement process for the victims. With a heartfelt plea for swift justice, the ministry has reached out to insurers, urging them to provide updates on measures taken to identify and support those covered under the Pradhan Mantri Suraksha Bima Yojana and IRCTC travel insurance.

Tragedies such as these underscore the vital importance of ensuring the safety and financial well-being of railway passengers. To address this concern, the Indian Railways offers an affordable travel insurance program for a mere 35 paise per passenger. This program provides a crucial level of insurance protection, bringing peace of mind to travelers as they embark on their journeys.
With the Finance Ministry’s proactive involvement, the General Insurance Council has been inundated with inquiries from the department of financial services. These inquiries aim to expedite the process of claim settlements for passengers who have tragically suffered injuries or lost their lives in this devastating accident, which ranks among the worst rail mishaps in India’s history.

In this trying time, the Finance Ministry is urging insurance companies to step up and fulfill their duty to those affected by this calamity. By providing updates on the steps they are taking to accelerate the claim settlement process, insurers can demonstrate their commitment to supporting the victims and their families during this difficult period.
The Indian Railways and IRCTC’s travel insurance initiative is a commendable effort to protect passengers from unforeseen circumstances. By selecting this optional service at the time of booking, travelers can secure peace of mind and financial security, knowing they are covered by a comprehensive insurance plan.
As the Finance Ministry joins forces with insurance companies, their joint efforts strive to bring solace to the victims of the Odisha train tragedy. With their dedicated pursuit of swift claim settlements, they aim to provide timely support, ensuring that those affected receive the compensation they deserve.

Remember, safety and financial protection go hand in hand. The tragedy in Odisha serves as a stark reminder of the urgent need to prioritize the well-being of all railway passengers. Let us come together as a nation and reinforce the importance of safeguarding lives, while standing strong in the face of adversity.