The Indian Railways exclusively provides travellers a 10 lakh rupees worth insurance cover on booking train tickets online for less than half a rupee. Despite this, a large majority of Indian travellers are not covered by any form of travel insurance.
Just a little more than 30 crore lives were covered by general and health insurers for domestic travel, according to the annual report of India’s insurance regulator IRDAI.
Why?
Tune in
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribefor more exclusive, deeply-reported, and analytical business stories.