Coverfox SME Salaries by 20+ Employees (Updated 2025)

2 - 6 years exp.

₹3.2 Lakhs - ₹5.6 Lakhs

Salary of majority employees

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29% less than the average SME Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development SME Salary 2 - 5 years exp. (11 salaries)	Unlock ₹3.9 L/yr - ₹5.6 L/yr
BFSI, Investments & Trading SME Salary 2 - 6 years exp. (7 salaries)	Unlock ₹3.2 L/yr - ₹5.2 L/yr
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Customer Success, Service & Operations SME Salary 4 - 5 years exp. (4 salaries)	Unlock ₹3.8 L/yr - ₹5 L/yr
Finance & Accounting SME Salary 4 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹4.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Coverfox for SME

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar SME Salary 2 - 8 years exp. (260 salaries)	Unlock ₹2.6 L/yr - ₹8 L/yr 24% more
ACKO SME Salary 2 - 5 years exp. (4 salaries)	Unlock ₹3.1 L/yr - ₹6.2 L/yr 19% more
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RenewBuy SME Salary 3 - 5 years exp. (3 salaries)	Unlock ₹3.6 L/yr - ₹3.8 L/yr 13% less
ICICI Lombard General Insurance Company SME Salary 2 - 5 years exp. (7 salaries)	Unlock ₹2.2 L/yr - ₹3.3 L/yr 29% less
AXA Business Services SME Salary 4 - 11 years exp. (171 salaries)	Unlock ₹2.8 L/yr - ₹9 L/yr 50% more
Bajaj Allianz Life Insurance SME Salary 0 - 6 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3.6 L/yr 26% less

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SME salary at Coverfox ranges between ₹3.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 27 latest salaries received from various employees of Coverfox.

Experience wise Coverfox SME salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (4 salaries)	Unlock ₹1.6 L/yr - ₹5.1 L/yr
3 years (5 salaries)	Unlock ₹3.2 L/yr - ₹4.6 L/yr
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4 years (11 salaries)	Unlock ₹3.8 L/yr - ₹5 L/yr
5 years (6 salaries)	Unlock ₹4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹5.2 L/yr

From

SME

₹

Lakhs/yr

2 - 6 years exp.

Senior Team Leader

₹

Lakhs/yr

4 - 7 years exp.

SME 2 - 6 years exp.

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Team Lead 1 - 8 years exp.

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5% hike

Senior Team Leader 4 - 7 years exp.

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44% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Customer Advisor Salary

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Team Lead Salary

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₹3.2 L/yr - ₹5.6 L/yr

Quality Analyst Salary

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₹2.5 L/yr - ₹5.15 L/yr

Sales Executive Salary

(18 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

Operations Executive Salary

(16 salaries)

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₹2.5 L/yr - ₹4.3 L/yr

Senior Team Leader Salary

(13 salaries)

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₹5.25 L/yr - ₹7.3 L/yr

Senior Customer Advisor Salary

(12 salaries)

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₹3 L/yr - ₹4.8 L/yr

Senior Advisor Salary

(8 salaries)

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₹3.2 L/yr - ₹4.6 L/yr

Operations Manager Salary

(7 salaries)

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₹3.1 L/yr - ₹10.42 L/yr

Investment Advisor Salary

(6 salaries)

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₹3 L/yr - ₹3.65 L/yr

Salary related reviews for Coverfox

3.4

Rated by 5 employees for salary & benefits

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

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.

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.

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

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.

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.

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.

Salary - Excellent

+6 more

Dislikes

Sometimes the variety of work might be too much

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Coverfox SME Salary FAQs

What is the salary of SME at Coverfox?

SME salary at Coverfox in India ranges between ₹3.2 Lakhs to ₹5.6 Lakhs for experience between 2 years to 6 years. According to our estimates it is 29% less than the average SME Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Coverfox India.

How does the salary of a SME at Coverfox India compare with the average salary range for this job?

The average salary of a SME at Coverfox is 29% less than the average salary of a SME in India. To know exact salary insights, login to view.

Which similar companies are paying more than Coverfox to a SME in India?

AXA Business Services SME Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
PolicyBazaar SME Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
ACKO SME Salary - ₹3.1 Lakhs to ₹6.2 Lakhs per year

What is the salary of a SME in companies similar to Coverfox in India?

RenewBuy SME Salary - ₹3.6 Lakhs to ₹3.8 Lakhs per year
Bajaj Allianz Life Insurance SME Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
ICICI Lombard General Insurance Company SME Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year

What is the estimated take home salary of a SME at Coverfox in India?

The estimated take-home salary of a SME at Coverfox ranges between ₹31,116 per month to ₹32,414 per month in India. The take-home salary calculation is based on the average Coverfox SME salary in India which ranges between ₹3.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for SME at Coverfox?

According to AmbitionBox, 67% of the Coverfox SMEs reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Coverfox SME Salaries

Coverfox SME salary in India ranges between ₹3.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Coverfox latest salaries received from various employees of Coverfox.