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Home / Health Insurance / Articles / Health Insurance Claims / Settlement of Claims in Respect of Train Accident Victims

Settlement of Claims in Respect of Train Accident Victims

Team AckoFeb 16, 2024

This report explores the settlement of claims by Acko for the victims of a recent train accident in Orissa State on June 2, 2023.

It examines the process and outcomes of compensating those affected by the incident, shedding light on the measures taken to address their needs.

This analysis aims to provide insights into the challenges and strategies involved in resolving claims related to train accidents.

Contents

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Settlement of Claims in Respect of Train Accident Victims

[AS OF 10/07/2023]

S No

Type of Insurance

Claims Reported

Claims Reported

Claims Settled

Claims Settled

Claims Outstanding

Claims Outstanding

Remarks

No.

Amount (In Rs lacs)

No.

Amount (In Rs lacs)

No.

Amount (In Rs lacs)

1

Personal Accident policies (PMSB)*

Nil

Nil

Nil

Nil

Nil

Nil

1 a) Death

Nil

Nil

Nil

Nil

Nil

Nil

1 b) Disablement

Nil

Nil

Nil

Nil

Nil

Nil

2

Policies issued through IRCTC*

Nil

Nil

Nil

Nil

Nil

Nil

2 a) Death

Nil

Nil

Nil

Nil

Nil

Nil

2 b) Disablement

Nil

Nil

Nil

Nil

Nil

Nil

2 c) Medical Expenses

Nil

Nil

Nil

Nil

Nil

Nil

3

Personal Accident(Other than PMSBY)*

Nil

Nil

Nil

Nil

Nil

Nil

3 a) Death

Nil

Nil

Nil

Nil

Nil

Nil

3 b) Disablement

Nil

Nil

Nil

Nil

Nil

Nil

3 c) Medical Expense

Nil

Nil

Nil

Nil

Nil

Nil

4

Health Claims

Nil

Nil

Nil

Nil

Nil

Nil

5

Misc. Claims including Embeded policies

1

0.20

1

0.20

Nil

Nil

*Claims in respect of Death, Disablement and Injury medical expenses to be segregated in reporting

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