Buying property will be more secure, insurance companies will offer title insurance, know what will be the benefit

Buying property will be more secure, insurance companies will offer title insurance, know what will be the benefit

Title is a legal term used to identify the true owner or owners of a property. The biggest risk faced by a home owner is his property being declared illegal by a competent court in the country. Keeping this in mind, the insurance regulator, IRDAI has asked general insurance companies (except health insurers) to launch a new title insurance product for individual home owners and allottees.

Insurance regulator IRDA has taken steps to protect property buyers from false documents. It has asked the general insurance companies to submit the property purchase document i.e. insurance policy to protect against title risk in a revised format at the earliest.

Title insurance is a form of indemnity insurance. It protects the potential owner of the property from financial loss due to discrepancies in the title of the real property.

Loss will be covered by title insurance

The Insurance Regulatory and Development Authority of India (IRDAI) has come up with suggestions to bring in title insurance products to 'cover' liability as per law of companies (developers) as well as individuals for loss due to wrongful title. group was formed.

Based on the group's recommendation, IRDA has asked general insurance companies to bring an insurance policy with the purchase document of the property.

Title insurance in India is in its infancy. IRDA's circular on this will help in increasing its acceptance in the country. Currently, this product is available only to promoters/developers in the Indian market, in this circular the regulator has suggested introducing a retail policy for allottees/individual buyers.

IRDAI issued new rules regarding cyber insurance

According to the latest circular issued by IRDAI on September 8, it has been made mandatory to cover incidents like fund theft, identity theft, unauthorized online transactions, email spoofing in individual cyber insurance.

According to the National Cyber ​​Security Agency CERT-In (Computer Emergency Response Team of India), more cyber attacks are happening on individual networks during the Corona period. People are working at homes, so cyber frauds are targeting personal computers and networks.

According to the IRDAI circular, there will be certain rules for individual cyber insurance, such as theft of funds, theft of identity, theft of social media data, cyber stalking/bullying, malware cover, phishing cover, un-authorized online transactions, It will be necessary to cover email spoofing, media liability claims, cyber extortion, data breaching and privacy breaching.

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Sony launches 85-inch 8K LED TV in India for Rs 13 lakh, know what's special in it

Sony launches 85-inch 8K LED TV in India for Rs 13 lakh, know what's special in it

 Sony Bravia XR Master Series 85Z9J 8K LED TV has been launched in India for Rs 12,99,990. The large screen LED television has a resolution of 7,680x4,320 pixels, runs on Android TV software, and is powered by the Sony XR Cognitive Processor. The most expensive TV in the company's product range in India, is now available for sale in India through Sony retail stores, its online stores, leading electronics stores and select e-commerce portals.

Next generation content support in 8k TV

Sony's new TV is equipped with advanced features with 8K resolution and supports next generation content. While the device isn't yet available for 8K content viewing in India, the Sony 85X9J is worth considering if you want to watch high-resolution content at 8K resolution in the future. The Sony 85X9J TV will compete with the 8K option from brands like Samsung, LG and Hisense.

Specifications of Sony Bravia XR Master Series 85Z9J LED TV

The key feature of the Sony 85Z9J TV is its 7,680x4,320-pixel LED screen with support for HDR up to Dolby Vision format. In addition, the TV works on Android TV for smart connectivity with the Google TV interface, and also supports Google Chromecast and Apple AirPlay. The TV is powered by Sony's XR Cognitive processor, which has also been seen at some of the company's other launches this year.

Sony's new TVs have a rated output of 85W through a ten-speaker setup that includes two mid-range drivers, four tweeters and four subwoofers. There's Dolby Atmos audio support, and the TV has 16GB of onboard storage for apps and app data, along with the Google Play Store for apps. The TV also supports local dimming, with a refresh rate of up to 120Hz at Ultra-HD resolution.

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