Small-ticket insurance brings feel-good factor, but not adequate coverage

But in terms of sum assured or scope of coverage, the products are unlikely to meet your needs

Do you tick the checkbox that allows you to insure your trip when you are buying a railway ticket on IRCTC portal or while booking a cab or a domestic airline ticket? The idea is to play safe by paying a few rupees more. But is it a good thing to do or just a case of ensuring peace of mind?

How do they work?

First, let’s understand these products. Be it traveling for work or a holiday, and we are exposed to risks. Most of us do not mind if someone is offering us readymade cover ‘at the click