How to Renew Your UAE ILOE Insurance for Two Years

UAE employees who are subscribed to the Involuntary Loss of Employment (ILOE) insurance program will now notice a key change: the only renewal option available is for two years, as opposed to the previous annual renewal. This update is designed to minimize frequent renewal reminders and ensure continuous coverage. Here’s a step-by-step guide on how to renew your ILOE subscription.

How to Renew Your ILOE Insurance for Two Years?

1. Visit ILOE Website: You may go to www.iloe.ae and click Subscribe/Renew Here.
2. Enter Employment Information: Select your employment category and enter Emirates ID and mobile number.
3. OTP Verification: Type in the one-time password (OTP) sent to your phone for validation.
4. Dashboard Overview: Once logged in, your dashboard will present:
   • Your insurance type
   • Personal details
   • 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):
  • Premium: 5 plus VAT per month
  • Compensation: Maximum up to Rs. 10,000 per month for three months at maximum
• Category B (Basic salary greater than Rs. 16,000):
  • Premium: 10 plus VAT per month
  • 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.