Mumbai, India (Metro Rail Today): The Maha Mumbai Metro Operation Corporation Ltd (MMMOCL), operator of Mumbai metro Line 2A & 7, has taken a significant step towards ensuring the safety and security of its commuters by obtaining an annual comprehensive insurance policy for all those using Metro. The decision to obtain the policy was made after conducting a detailed risk analysis and taking into account the potential risks that may arise during the commute.
The insurance policy provides coverage for accidents, disability, and death caused by unforeseen circumstances that may occur while traveling on these lines. In addition, it also covers medical expenses incurred due to accidents or injuries sustained during the commute. The policy has a maximum coverage of INR 1 lakh for hospitalization and up to Rs 10,000 for outpatient treatment (OPD).
In case where there is outpatient treatment & hospitalization, OPD expenses up to a maximum of Rs 10,000/- will be paid in addition to/other than the cover for hospitalization as mentioned above. That is in such cases, maximum payable amount under medical expenses will be Rs 90,000/- including compensation for minor injury.
The policy provides compensation of up to Rs 500,000 (five lakh) for mortality and up to Rs 400,000 (four lakh) for permanent and partial disability, depending on the severity of the situation.
The policy will cover passengers who have a valid ticket/ pass/ smart card/ QR Code/ permission (except where ticket is exempt) present either in a Mumbai Metro Building/ Station or in a train or anywhere in the station premises including paid & unpaid areas of the metro station building and shall therefore exclude all circulating areas outside the metro station building such as parking etc.
SVR Srinivas, IAS, CMD, MMMOCL, expressed his thoughts on this development and said, “Apart from all the safety and security measures in place, we realize that securing a passenger's commute for unforeseen circumstances is of utmost importance. Hence we have provided comprehensive insurance coverage to our valued customers. With this policy in place, commuters can now travel with peace of mind, knowing that they have adequate insurance coverage in case of any unfortunate incidents. We remain committed to providing innovative solutions that enhance the safety and well-being of our customers.”