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4.2

based on 154 Reviews

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Coverfox Financial Advisor salaries in India

Annual salary range
0 - 3 years exp.
₹3 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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35% less than the average Financial Advisor Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Financial Advisor Salary
0 - 2 years exp. (3 salaries)
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₹3 L/yr - ₹3.1 L/yr

Finance & Accounting
Financial Advisor Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Last Updated: 9 Mar 2023

Companies similar to Coverfox for Financial Advisor

Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Financial Advisor Salary

1 - 15 years exp. (23 salaries)
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₹1.2 L/yr - ₹6 L/yr

arrow icon 34% more
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Motilal Oswal Financial Services Financial Advisor Salary

0 - 5 years exp. (400 salaries)
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₹1 L/yr - ₹5 L/yr

arrow icon 14% more
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PolicyBazaar Financial Advisor Salary

0 - 6 years exp. (250 salaries)
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₹2 L/yr - ₹5.9 L/yr

arrow icon 14% more
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ICICI Prudential Life Insurance Financial Advisor Salary

0 - 7 years exp. (156 salaries)
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₹0.9 L/yr - ₹6.3 L/yr

arrow icon 9% more
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Concentrix Corporation Financial Advisor Salary

1 - 3 years exp. (136 salaries)
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₹1.9 L/yr - ₹5 L/yr

arrow icon 14% more
Financial Advisor salary at Coverfox ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Coverfox.

Latest annual salaries shared by Coverfox Financial Advisor

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6 months exp.
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3 years exp.
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4 months exp.
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2 years exp.

Experience wise Coverfox Financial Advisor salaries

Last Updated: 9 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Coverfox

Financial Analyst Salary
(4 salaries)
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₹3.85 L/yr - ₹7.2 L/yr
Finance Executive Salary
(6 salaries)
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₹4 L/yr - ₹5.8 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Senior Analyst Salary
(4 salaries)
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₹6 L/yr - ₹7 L/yr
Business Analyst Salary
(6 salaries)
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₹3.6 L/yr - ₹10 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Team Lead Salary
(23 salaries)
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₹3.2 L/yr - ₹5.6 L/yr
Deputy Manager Salary
(5 salaries)
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₹8 L/yr - ₹8.9 L/yr

Salary related reviews for Coverfox

Senior Manager in Mumbai

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 07 Mar 2024
3.0
 for  Salary and Benefits

Likes

For tech people, all guys leaves around 8 PM daily, for other they leave at 6PM. There are only 120 employees in this company

read more
  • Company culture - Good
    • +1 more

Dislikes

JOB SECURITY- This company running on Losses, dependent on Investors to pay salary, 2 Months salary was not paid to all companies on Jan 2023 and Feb 2023, which still remains uppaid to this date. Forget appraisels, Appraisels are suppose to happen on april, but they conduct it on november, and that too dosnt give any hike..and they say that company is having lack of funds hence cannot give appraisals, If you are planning to join this company, negotiate to remove your variable amount and add it to your fixed, because dont expect to get variable component in this company.

read more
  • Skill development - Bad
    • +3 more

HR MIS Executive in Chandivali

Data Science & Analytics Department

5.0
  •  posted on 02 Oct 2020
4.0
 for  Salary and Benefits

Likes

... leave coverfox supported me and helped to save my job and me time to stay safe. Company policy are Excellent they given good salary hike as usual every year coverfox team mates are very supportive and helpful.

read more
  • Salary - Good
    • +6 more

Dislikes

Never given chance to grap.better opportunity to change my carrier.carrier growth is not high.

Team Lead Operations in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Jul 2024
5.0
 for  Salary and Benefits

Likes

1) All the staffing are very cooperative 2) I made more friends 3) Learning has no barrier - Go and get done by your own leadership, is the culture which is very liked 4) Work life balance is great which is best in the industry

read more
  • Salary - Excellent
    • +6 more

Dislikes

Travel to the office is in this location is not really great from my home. Auto-Mumbai Local-Metro-Auto and vise-versa for home.

read more

Senior SEO Executive in Mumbai

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 19 Jul 2024
5.0
 for  Salary and Benefits

Likes

Coverfox Insurance Broking Pvt. Ltd. has received positive reviews from both customers and employees. Customers appreciate the case of comparing and buying insurance policies online, with an average rating of 4 out of 5 based on 64 reviews. The company is also recognized for its diverse and inclusive environment and strong senior management.

read more
  • Salary - Excellent
    • +6 more

Chief Staff in Mumbai

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 23 Jul 2024
5.0
 for  Salary and Benefits

Likes

That the scope of growth, exposure, learning & culture is great. They treat everyone with a lot of respect. I get a lot of freedom to work the way I want to.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Sometimes the variety of work might be too much

see more salary related reviews

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts
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Coverfox Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Coverfox ?
The average salary of a Financial Advisor at Coverfox in India typically ranges from ₹3.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Financial Advisor at Coverfox earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Financial Advisor Salaries at Coverfox can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Coverfox employees in India.
What is the estimated take home salary of a Financial Advisor at Coverfox in India?
The estimated take-home salary of a Financial Advisor at Coverfox in India typically ranges from ₹22,274 to ₹23,754 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Coverfox. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Coverfox for Financial Advisor in India?
Tata AIA Life Insurance ₹1.2 Lakhs to ₹6.0 Lakhs per year
PolicyBazaar ₹2.0 Lakhs to ₹5.9 Lakhs per year
Concentrix Corporation ₹1.9 Lakhs to ₹5.0 Lakhs per year
Motilal Oswal Financial Services ₹1.0 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance ₹0.9 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Coverfox, depending on the role and experience level.
How the salary growth look like for a Financial Advisor at Coverfox in India?
The salary growth for a Financial Advisor at Coverfox depends on factors such as experience, performance, and promotions. On average, a Financial Advisor can expect the following growth trajectory at Coverfox:

Experience Average Salary Range
Fresher ₹2.8 Lakhs to ₹3.5 Lakhs per year
1 year ₹2.8 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
and so on.

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Coverfox Financial Advisor salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Coverfox latest salaries received from various employees of Coverfox.