insurance in Railways

Often we love to believe we don't need insurance (any Form of insurance.. including term insurance).. Worse we argue at times it's waste of money...!! *Look at this Out of 695 passengers reserved seats in recent Indore-Patna Express rail accident, only 128 had opted for Travel Insurance of Railway,* which costs them 92 PAISE. *Indian Railway’s Rs.10 Lakh Travel Insurance costs 92 paise.* Yes.. It looks silly mistake on those people's part, who did not opt for insurance. More often we too commit similar mistakes when it comes to especially Life insurance, health insurance or personal accidental covers. *Never ignore the importance of insurance..or you will regret later