ILOE - Dubai Insurance

About the Involuntary Loss of Employment Scheme

In implementation of the Federal Decree Law No. 13 of 2022 concerning the Involuntary Loss of Employment (ILOE), this unique Scheme provides security for employees who lost their jobs due to reasons other than disciplinary action or resignation until they find a new job.
The eligible employees will be compensated with a Monthly cash benefit up to 60% of their average basic salaries of the 6 months prior to loss of employment.

Cash benefit shall be provided for maximum 3 consecutive months for a claim only for the workers who pay the monthly premium for at least 12 consecutive months.

Eligibility

Who is Eligible to Subscribe?

Emiratis and Residents working in the federal government and private sectors.

Exempted Categories

Investors (owners of companies they work at) Domestic helpers Temporary-contract workers Juveniles under the age of 18 Retirees who are entitled to a pension and joined a new job

Compensation Benefits

The Monthly compensation is 60% of the average basic salary over the most recent 6 months prior to the Involuntary Loss of Employment
For Category A: Maximum Claim Benefits : 10,000 AED per month
For Category B: Maximum claim Amount : 20,000 AED per month
Maximum compensation for any one claim: 3 consecutive months
Maximum Period of Benefits: During the Insurance Period over the entire work life of the Insured in the United Arab Emirates the aggregate Claim Payment shall not exceed 12 monthly benefits (regardless of the number of Claims submitted).