HDFC RM asking for terms insurance for upgrading Tata Neu Infinity LTF & Limit Enhancement(2x)

[rakeshgupta]

Hello Everyone,

I have HDFC preferred account(net salary credit - 1.9L) and having Millenia card(LTF with 3L limit) & Tata neu infinity. Recently my RM asking for taking term insurance(HDFC Life Click 2 Protect Super) and ready for any new card/LE OR LTF conversion. I see there term insurance is little costly compared to other provider.

Please suggest on below.
1. What can I ask for before buying there term insurance? ( I asked to convert tata neu infinity to LTF & limit enhancement to min 6L).
2. How much limit i can get with 1.9L monthly salary? (If i send ITR/Salary slip to customer support/Grievance team over email).
2. Is it worth to buy term insurance from hdfc life or any other better cheaper/reliable term insurance provider?

Thanks in advance, May be i have asked mixed questions on many topic other than credit card(I am newbee on awesome technofino community).
Please provide your kind suggestion.

@Abhishek012 @drsel

 

[helloworld]

When it comes to satisfying RM requirement, HDFC cards are 'DCB' / 'Infinia'. With your income former easily get and later also if RM capable. Mentioned cards TataNue Infinity, Millennia not worth it and can get LTF based on app offer/ through mail to support (patience needed but works eventually).

So, go ahead and ask for 'DCB'/'Infinia' otherwise, you're free to do on your own without purchasing anything for now.

Btw, HDFC Life term insurance good but as mentioned you have an opportunity here to link that to get credit card, so utilize well.

 

[brucelee]

Tata neu can shut their shop anytime based on their current state with customer traction. Don't fall in this trap to get LTF

 

[sjmajumder]

Hello Everyone,

I have HDFC preferred account(net salary credit - 1.9L) and having Millenia card(LTF with 3L limit) & Tata neu infinity. Recently my RM asking for taking term insurance(HDFC Life Click 2 Protect Super) and ready for any new card/LE OR LTF conversion. I see there term insurance is little costly compared to other provider.

Please suggest on below.
1. What can I ask for before buying there term insurance? ( I asked to convert tata neu infinity to LTF & limit enhancement to min 6L).
2. How much limit i can get with 1.9L monthly salary? (If i send ITR/Salary slip to customer support/Grievance team over email).
2. Is it worth to buy term insurance from hdfc life or any other better cheaper/reliable term insurance provider?

Thanks in advance, May be i have asked mixed questions on many topic other than credit card(I am newbee on awesome technofino community).
Please provide your kind suggestion.

@Abhishek012 @drsel

Which city are you from? By any chance Kolkata? I need some help from a good RM.

As already suggested by others, ask for Inifinia, if it doesn't work at all then ask for DCB.

 

[Avatar Aang]

Hello Everyone,

I have HDFC preferred account(net salary credit - 1.9L) and having Millenia card(LTF with 3L limit) & Tata neu infinity. Recently my RM asking for taking term insurance(HDFC Life Click 2 Protect Super) and ready for any new card/LE OR LTF conversion. I see there term insurance is little costly compared to other provider.

Please suggest on below.
1. What can I ask for before buying there term insurance? ( I asked to convert tata neu infinity to LTF & limit enhancement to min 6L).
2. How much limit i can get with 1.9L monthly salary? (If i send ITR/Salary slip to customer support/Grievance team over email).
2. Is it worth to buy term insurance from hdfc life or any other better cheaper/reliable term insurance provider?

Thanks in advance, May be i have asked mixed questions on many topic other than credit card(I am newbee on awesome technofino community).
Please provide your kind suggestion.

@Abhishek012 @drsel

TBH the preferred/imperia status is almost useless for salary accounts.
Ask for DCB LTF against term plan. At least he will provide you DCB FYF.
I don't find it useful to convert Tata Neu infinity to LTF against term plan.
As far as credit limit is concerned ask for CLE only if you need it.
I have got Infinia with less than 6L CL.

 

[tachniki]

I believe we should strictly discourage this barter unless you really need and want term insurance.

You should ask for virtual RM who could get you needed help.

 

[rakeshgupta]

Which city are you from? By any chance Kolkata? I need some help from a good RM.

As already suggested by others, ask for Inifinia, if it doesn't work at all then ask for DCB.

From gorakhpur, Since 3 years of preferred banking didn't get any help from RM.
He is always in hurry up for FD or some investment and when I asked for Infinia or DCB he directly saying impossible for us to get approval.

 

[rakeshgupta]

I believe we should strictly discourage this barter unless you really need and want term insurance.

You should ask for virtual RM who could get you needed help.

Yeah I am thinking of changing RM but no clue whome to choose and if he will be helpful or not.

 

[tachniki]

Try changing RM (to other RM or virtual RM). And if you don't get help, change bank.

Yeah I am thinking of changing RM but no clue whome to choose and if he will be helpful or not.

 

[sjmajumder]

From gorakhpur, Since 3 years of preferred banking didn't get any help from RM.
He is always in hurry up for FD or some investment and when I asked for Infinia or DCB he directly saying impossible for us to get approval.

Then your fitting reply to him should be "Impossible for you to get term insurance from me"