Involuntary Loss Of Employment Insurance (ILOE)

Involuntary Loss of Employment (ILOE) insurance in UAE provides vital protection for individuals in the private sector and federal government sectors, offering financial support in case of job loss due to termination. At Insure Now, we understand the importance of safeguarding your livelihood during uncertain times, ensuring you can maintain a dignified life while navigating the challenges of unemployment.

Why You Need Involuntary Loss of Employment Insurance

• Financial Security: ILOE insurance provides essential financial support, ensuring you can cover your basic expenses during unemployment without stress.
• Short-Term Support: This coverage compensates you for a limited duration, up to three months, allowing you to focus on finding new employment.
• Encouraging Employment Stability: By enhancing the competitiveness of Emirati cadres in the job market, ILOE insurance supports the retention of talent within the workforce.
• Mandatory Coverage: Subscribing to ILOE insurance is a requirement for all private sector and federal government employees, ensuring widespread access to this crucial protection.
• Employer Support: ILOE insurance helps to attract and retain top global talents, benefiting both employees and employers in the UAE.

Key Features of Our ILOE Insurance

• Maximum Monthly Limit: Receive 60% of your basic salary, up to AED 10,000 for the first category and AED 20,000 for the second, for a maximum of three months per claim.
• Claim Duration: Benefits last for a maximum of three months per claim, with a cumulative limit of 12 months over your entire service period.
• Renewal Policy: If you exhaust your maximum claim limit, you'll need to subscribe for another 12 consecutive months before making a new claim.

Eligibility Criteria

• Subscription Period: Must be at least 12 consecutive months without interruption exceeding three months.
• Payment Compliance: Timely payment of the insurance premium according to the agreed plan is essential.
• Unemployment Reason: You must prove that unemployment is not due to resignation or disciplinary actions.

Get Started Today!

Don't leave your future to chance. Protect yourself and your loved ones with comprehensive Involuntary Loss of Employment insurance. With the right coverage, you can navigate the challenges of job loss with confidence. Contact us today for a free quote or to learn more about your insurance options. Your peace of mind is our priority.

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