UAE Involuntary Loss of Employment Insurance (ILOE)

Dubizbusiness28 May, 2025Business

There’s always a worry at the back of the mind: What if I suddenly lose my job? What if I don’t have savings? How will I pay my bills? People working in the UAE may feel the same. But UAE is a country that truly cares for its people. That is why the ILOE (Involuntary Loss of Employment) scheme was started. This insurance helps employees who lose their jobs because of unfortunate, unforeseen events. It gives them financial support until they find a new job. Sounds great? It really is! If you work in the UAE or are planning to do so, you should know about this mandatory insurance scheme.