Indian Railway Catering and Tourism Corporation is planning to launch an insurance scheme for passenger’s gadgets such as phones and
laptops. The scheme may cover both thefts and accidents.
“There are some concerns that insurance companies have about false claims. We have shared a few ideas with them and also asked for their suggestions. Offering this policy to
credit card holders or government officials in the initial stage is one of the ideas we have floated to mitigate cases of false claims,” managing director A K Manocha said.
“I am trying hard to push companies to give insurance cover in instances of theft as well. So far, they have expressed their willingness to offer it only in cases of mishaps,” he added.