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Subscription to the programs under this program is mandatory, failure to do so will result in a fine of up to Dh400
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Employees in the UAE can now subscribe to a mandatory insurance scheme against unemployment. Led by the Ministry of Human Resources and Emiratisation (MoHRE), the insurance scheme offers ultra-low monthly premiums ranging from AED 5 to AED 10, and the insured will receive 60 of three months’ basic salary if they lose their job due to %. For reasons other than disciplinary action or resignation.
As reported by Khaleej Times, subscribing to a plan under the scheme is mandatory, otherwise there will be a fine of up to Dh400.
That’s everything you need to know.
What documents are required?
– Emirates ID.
– A valid UAE mobile number.
What are the subscription channels?
– Free and without any additional cost: Involuntary Unemployment (ILOE) website or app.
– Channels for additional service charges: Al Ansari Exchange, Tawjeeh and Tasheel, kiosks, banking apps/ATMs
Who should subscribe to the program?
Emiratis and residents working in the federal government and private sector.
Who is exempted?
– Investors (owners of the companies they work for).
– Domestic helpers.
– Temporary contractors.
– Minors under the age of 18.
– Retirees who are entitled to a pension and take up a new job
– Employees working in free zones.
What are the applicable programs?
– Class A
Basic Salary: Dh16,000 or below.
Premium: Dh5+VAT per month.
Compensation: Up to Dh10,000 per month (up to three months per claim)
– Class B
Basic Salary: Dh16,000 or above.
Premium: Dh10+VAT per month.
Compensation: Up to Dh20,000/month (up to three months per claim).
terms and Conditions
– Only employees who have paid monthly premiums for at least 12 consecutive months will receive cash benefits for up to three consecutive months.
– The monthly compensation is 60% of the average basic salary for the last six months before unemployment.
– The total amount of claims shall not exceed 12 months of benefits (regardless of the number of claims submitted) during the insurance period of the insured person’s entire working years in the UAE.
Step-by-step guide to getting insurance:
– Visit the Involuntary Unemployment (ILOE) website or app.
– On the website, click Subscribe Here.
– Under “Individuals,” click the sector you are in: Private or Federal Government.
– Log in with your Emirates ID number and get a one-time password on your mobile number.
– The welcome screen will display information about your base salary and applicable monthly premiums.
– Check the box that says ‘I confirm that my personal details are correct’.
– Choose your policy coverage period: (one year or two years).
– Decide how you want to pay your premiums: in full/annual; semi-annually; quarterly or monthly.
– Read and accept the terms and conditions.
– Enter the email ID where you would like to receive the certificate of insurance.
– Enter your card details to make a payment.
– After payment, an insurance certificate will be automatically generated for download in PDF format.
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