ILOE Insurance

Need help with ILOE Insurance? We can make the process simple for you

What is ILOE Insurance?

Involuntary Loss of Employment (ILOE) Insurance is a mandatory insurance scheme in the UAE that provides financial support to employees who lose their jobs involuntarily. The scheme was introduced in 2022 to protect employees from financial hardship during periods of unemployment.

Who needs to be covered?

If you are an Emirati or resident working in the federal government or private sector in the UAE, then you should be covered by ILOE insurance. 

Exemptions

  • Investors (owners of companies they work at)
  • Domestic helpers
  • Temporary-contract workers
  • Juveniles under the age of 18
  • Retirees who are entitled to a pension and joined a new job

Why Choose Prism 7 for Your ILOE Insurance?

Prism 7 Corporate, a leading HR and payroll solutions provider in the UAE, can assist employers in effectively managing their ILOE obligations. Our expertise extends to:
  • Seamless Enrollment: We streamline the enrollment process by guiding employers through the registration, employee information submission, and contribution calculation steps.
  • Automated Contributions: We integrate with the ILOE portal to automate the contribution calculations and payments, ensuring timely and accurate contributions.
  • Secure Certificate Generation: We generate and manage ILOE insurance certificates for all eligible employees, providing employers with readily accessible documentation.
  • Compliance Audits and Reporting: We conduct regular compliance audits to ensure employers are adhering to all ILOE requirements and maintain accurate records.
  • Expert Guidance and Support: Our HR consultants provide expert guidance and support throughout the ILOE process, answering any questions or addressing concerns.
By partnering with Prism 7 Corporate, employers can simplify their ILOE compliance responsibilities, ensuring that their employees are fully covered under the mandatory insurance scheme. Our comprehensive services and expertise empower employers to focus on their core business operations while maintaining a compliant and protected workforce.

Our ILOE Insurance Process

Get in Touch

Give us a call to speak to one of our ILOE Insurance team straight away, or send us a message and we will get back in touch with you.

One to One

In order to provide the best service possible, we need to learn a little about you and your business ideas. Once we’ve received your enquiry, we will arrange a free consultation with our ILOE Insurance team to find out more.

We Get To Work

We should have all the information we need to get started on your ILOE Insurance project. Out team will start the process and keep you informed with any progress. 

Get Help With ILOE Insurance

Please send us a message below for a consultation so we can discuss your requirements and see how we can support you with your ILOE Insurance
Contact Form

How Can We Help?

Speak to our team today to find out more about what we do and how we can help

Part of the Prism 7 Group (UK & UAE)
© Dankee DMCC trading as Prism 7 Corporate 2023. Part of the Prism 7 Group
Reg Address: Office 3003, HDS Business Centre, Cluster M, JLT, Dubai, UAE
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