"We have decided to implement the reduced price for the optional travel insurance scheme with immediate effect. It is a special promotional measure and the idea is to facilitate more and more rail travellers avail this scheme," IRCTC Chairman and Managing Director A K Manocha said, adding "It is a Diwali bonanza for our patrons. "Manocha informed that 1,20,87,625 train passengers had opted for the scheme till 8 AM today. The insurance cover is uniform for all classes and the option available through a checkbox at the time of e-ticket booking. The premium amount is automatically added to the ticket fare if the passenger opts for insurance.

Source: Economic Times October 06, 2016 13:41 UTC