Page 97 - AAE PR REPORT - FEBRUARY 2025
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o  Total  premium  for  two  years,  i.e.  If  you  belong  to  Category  A,  then  total  amount
                              payable over two years is around Dh126.

                   5.  Confirm Details: Double-check your details and progress to payment after accepting terms
                       of agreement.

                   6.  Payment: Accept  the  credit/debit  card  information  and  click  Pay.  Payment  confirmation
                       message shall appear once payment is done.

               Alternative Payment Methods

                   •  Cash Payments: You can also renew your ILOE subscription at Al Ansari Exchange branches
                       or at MOHRE service centers (Tawjeeh and Tasjeel).
               What is ILOE Insurance?

               The Involuntary Loss of Employment (ILOE) scheme provides financial cover for an employee if he
               loses his job not on his own accord, but because of reasons such as termination. For purposes of
               claim  disbursement  for  the  worker  that  is  availed  of  this  ILOE  scheme,  up  to  60  percent  of  the
               claimant’s basic salary can be availed or can be claimed maximum for not exceeding three months
               in a single claim situation if there has been a premium payment of the worker for a minimum of 12
               continuous months.

               ILOE subscription amounts and other benefits:

                   •  Category A (Basic Salary Rs. 16,000 or below):

                          o  Premium: 5 plus VAT per month
                          o  Compensation: Maximum up to Rs. 10,000 per month for three months at maximum

                   •  Category B (Basic salary greater than Rs. 16,000):

                          o  Premium: 10 plus VAT per month

                          o  Compensation: Up to Rs. 20,000 per month for up to three months.

               This change in policy will also bring about simplification into the process and the type of coverage
               that employees are able to get in these cases of involuntary job loss.






















               https://khaleejjournal.com/how-to-renew-your-uae-iloe-insurance-for-two-years/
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