You can easily claim under Job Loss Insurance Scheme and workers will get financial help from the government – GulfHindi

uae job loss insurance scheme
If an employee is dismissed by the company, the company must give a termination letter. It is mandatory to attach this letter with the compensation application on the unemployment insurance scheme portal.
Contact ILOE before visa cancellation
To protect employees, employers are advised to consult with the ILOE before making any visa cancellation application. This will ensure that employees do not face any problems when claiming compensation. Also, before submitting any application to Mohre, employers should note that the person concerned intends to make an insurance claim under the scheme.
Check the information and guidelines
The ministry has requested employers and employees to check the information and guidelines about the scheme. This information is available on the website of Insurance Pool www.iloe.ae or by contacting the call centre at 600599555.
In case of any problem, please contact the ministry.
If an employee is facing any problem in claiming insurance from ILOE, then the employee can take his complaint to the Ministry. The Ministry will investigate the matter and ensure a solution.
Benefits and Eligibility
Category 1: Employees with a basic salary of Dh16,000 or less
- Insurance premium: Dh5 per month
- Maximum monthly compensation: Dh10,000
Category 2: Employees with a basic salary of more than Dh16,000
- Insurance premium: Dh10 per month
- Maximum monthly compensation: Dh20,000
To receive insurance compensation, the employee must join the scheme for at least 12 continuous months. The process will be completed within two weeks of submitting the claim. Compensation will be given only for three months, provided the employee has not been dismissed for disciplinary reasons and has not resigned on his own.