Prior to understanding the concept of ‘Title Insurance’ one needs to be clear about its very essence. It refers to the legal ownership over and the right to deal with, use,and dispose property. When a property is purchased, the home buyer acquires its title/ownership. However, there are several cases where discrepancies with regard to title transfers have been recorded. In order to prevent a buyer from such hazards, title insurance acts like a confidence booster and a secure safety system. There are innumerable benefits that a property purchaser draws by opting for title insurance. They are as follows: