UAE ILOE insurance: What happens if you miss a payment?
· Cairo time
Dubai: Have you forgotten to pay your UAE unemployment insurance premium? Missing a payment under the Involuntary Loss of Employment (ILOE) scheme does not mean your policy will be cancelled immediately. However, leaving your premiums unpaid for more than three months could result in cancellation, a Dh200 fine and the loss of your insurance benefits.The ILOE scheme provides financial support to eligible employees in the UAE who lose their jobs…
