The Mumbai Metro acts as swift transportation option for the daily commuters of the financial capital of the country. It broke new grounds in 2017 as the number of commuters reached an all-time high of 3.8 Lakh every day. The 11.4km long Metro rail corridor takes citizens from the most densely populated residential areas to its industrial and financial hub; acting as a quick, economical, and sustainable urban transport system.
However, such large footfall often leads to unfortunate accidents involving the daily commuters. During the rush hours between 6PM to 8PM, approximately 64,000 citizens use the transport system. It puts immense pressure on the transportation network. Such large crowd see daily incidents where injuries are often common amongst the travellers.
To protect yourself against such incidents, you can secure yourself with a Mumbai Metro Insurance offered by Bajaj Finserv. Mumbai metro insurance cover provides you with sufficient financial backing to tackle any injury, or loss of income occurred because of an unforeseen accident during the daily commute.
What is covered under this insurance policy?
Mumbai metro train insurance is tailor-made to cater to the unique situation and requirements you might face during travelling via metro rail. The following aspects are covered under this insurance policy.
- Accidental demise – The nominee will receive a lump sum amount (up to Rs. 1 Lakh) in case the insured expires in an accident in the Mumbai Metro. The insurance amount can be utilised to pay for various financial requirements.
- Injury leading to disability – The insured will be provided Rs. 2,000 every week if they sustain any injury leading to disability sustained on Mumbai Metro. Mumbai metro insurance policy covers an individual against their loss of income as well.
Moreover, the insurance policy is offered against an affordable premium. You only have to pay Rs. 399 in a year to get coverage of up to Rs. 1 Lakh under the Mumbai Metro Insurance scheme.
Some essential things to know about the Mumbai metro insurance policy
Any individual within 18 to 70 years of age will be eligible to avail this insurance policy. This insurance policy covers all incidents occurred while commuting via Mumbai Metro. Any expense incurred to treat accidents that took place other than while commuting on Metro is not covered under the Mumbai Metro cover.
However, you can add other types of insurance policies offered by Bajaj Finserv to extend the coverage. For example, you can avail the Mumbai local train insurance policy to insure yourself against any unforeseen incident that might occur while travelling via local trains.
Mumbai metro insurance cover does not cover any self-inflicted injuries, suicides and attempted suicides. The policy will also act void if the insured faces an accident while he or she is under the influence of liquor, drug, or other abusive substances. Incidents under any such intoxicants are not covered under the insurance policy.
Application process
You can complete the entire application process online. Let’s take a look at the steps.
- Visit the website and navigate to the ‘Apply Now’ button and click it.
- Fill-up the necessary details in the online application form.
- Pay the premium to avail the policy and safeguard yourself with a Mumbai Metro insurance cover.
Insurance claim
To claim the insurance policy, you will have to contact the customer support team and lodge a request. You can reach them via the website, by calling them on the toll-free number, email, or physical mail. Usually, the claim is resolved within 7 working days. The quick disbursement and settlement process makes it an ideal financial tool to tackle any emergency monetary crisis.
Mumbai Metro cover is ideal for daily commuters who travel by Metro to their destination. It is essential to cover yourself against financial losses caused by accidents or unforeseen incidents that might happen anytime while travelling by public transport.
