Breakdown
How it works
Two categories: basic salary up to AED 16,000 pays AED 5 a month for a benefit capped at AED 10,000; above AED 16,000 pays AED 10 a month for a cap of AED 20,000. The benefit is 60% of average basic salary for up to three months per claim, after 12 consecutive months of subscription and provided you were not dismissed for disciplinary reasons.
Formula
Worked example
Basic AED 15,000: AED 63 a year; benefit AED 9,000 a month for 3 months = AED 27,000.
Frequently asked questions
Who is exempt?
Investors/business owners, domestic workers, temporary contract workers, under-18s, and retirees drawing a pension.
Does it cover resignation?
No — only involuntary loss of employment (redundancy, termination not for cause). Claims must be filed within 30 days of losing the job.
Where do I subscribe?
iloe.ae, the ILOE app, bank apps, exchange houses or kiosks. Non-payment of premiums for 3 months cancels the policy.