A low-cost job security umbrella that supports workers and their living stability

Beginning to subscribe to the “Unemployment Insurance” on the first of January

Dubai Insurance provides insurance services against unemployment, according to easy mechanisms and procedures.

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Starting from the first Sunday of January 2023, participation in the unemployment insurance system begins for citizens and residents working in the federal government and the private sector.

Dubai Insurance Company, which represents the insurance pool responsible for providing unemployment insurance services, provides seven channels to subscribe for a nominal amount in the system, according to easy mechanisms and procedures, including the website

, and the smart application. For the insurance complex (iloe), self-service kiosks, businessmen service centers, Al Ansari Exchange, smart phone applications for banks and banks in the country, as well as bills for telecom companies.

The system comes in implementation of Federal Decree-Law No. 13 of 2022 regarding unemployment insurance, which aims to create a low-cost job security umbrella that supports the professional path and living stability of workers in the aforementioned sectors, based on mechanisms that do not bear any costs to employers.

The insurance program compensates the insured with a sum of money for a period not exceeding three months, provided that he does not submit his resignation or dismissal for disciplinary reasons. 60 dirhams annually), while the second category includes those whose basic salary exceeds 16 thousand dirhams, and the subscription value is 10 dirhams per month (120 dirhams annually).

The maximum value of the monthly compensation is 10 thousand dirhams for the first category, and 20 thousand dirhams for the second category, as the compensation that the eligible employee receives is calculated at an average of 60% of his basic salary in the last six months before unemployment.

The period for paying the compensation value does not exceed a maximum of two weeks from the date of the claim, while the employee can choose the periodicity of paying the insurance premium either annually, semi-annually, quarterly, or monthly.

The insured must submit the claim through multiple claim channels, which are the website of the Dubai Insurance Company, which represents the insurance aggregator

, the smart application of the insurance aggregator iloe, and the call center of the insurance aggregator 600599555.

The compensation is due on condition of subscription for at least 12 consecutive months in the insurance, and the right of the insured to claim the value of the compensation is forfeited if he leaves the country or joins a new job.

• Insurance packages are provided in two categories, and according to mechanisms that do not burden employers with any costs.

Subscription channels

Several channels are available to subscribe to the system according to easy procedures, including:

■ The website of the insurance pool

,

■ iloe smartphone app.

■ Al Ansari Exchange.

■ Kiosk devices.

■ other channels.

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