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How to Renew ILOE Policy in the UAE: A Step-by-step Guide

In today's uncertain job market, protecting your income is more important than ever. The Involuntary Loss of Employment (ILOE) insurance in the UAE offers support if you lose your job through no fault of your own. Here, find out why you should renew ILOE policy and how easy it is to keep your financial security intact. ...read more

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Why is Renewing ILOE Policy Important?

Renewing the ILOE policy ensures you are continuously covered. This way, you stay financially protected even if you involuntarily lose your job — as long as you are not at fault for the layoff. 

A smooth ILOE renewal process keeps you financially stable and stress-free in uncertain times.

How Does the Job Loss Insurance Renewal Work Online?

Here are two ways to complete the process of job loss insurance renewal online —

Via ILOE’s Official Website

  • Visit the official ILOE insurance website.
  • To renew, click on the ‘Subscribe/Renew Here’ tab.
  • You will be directed to a new page. Under the ‘Individual’ category, select from the three options —
    • Private sector
    • Federal Government employee (Public Sector)
    • Non-registered in MOHRE (Free-Zone workers)
  • Click on the ‘Confirm’ button.
  • Log in to your account using an OTP code sent to your registered mobile number. Alternatively, you can log in using your credentials. 
  • Confirm all the details and choose the policy term after selecting the option to renew the policy. 
  • Click on the ‘Renew’ or ‘Subscribe’ button, and you will be taken to the card payment tab. 
  • Provide your credit card details. After the payment, your ILOE insurance will be renewed for another year. 

In case you face any issues during the ILOE renewal process, you can call the customer care number at 600599555.

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Via ILOE’s Mobile App

You can follow the same steps on ILOE’s official mobile app. If you encounter any hiccups, call the customer care number at 600599555.

How to Renew an ILOE Insurance Policy Offline?

You can also renew your ILOE policy by visiting any of the approved service providers or offline methods mentioned below —

  1. Al Ansari Exchange
  2. SMS or text message
  3. BOTIM
  4. Tawjeeh or Tasheel branches
  5. Kiosks 

Why is ILOE Subscription Important?

The ILOE programme is a government initiative that helps employees remain financially secure even if they involuntarily lose their jobs. Here are the benefits of the ILOE insurance policy —

  • Smooth transition between jobs
  • Psychological security in uncertain times
  • Creating an emergency income stream
  • Ensures job security
Note – Income protection plan is not a stand-in for unpaid compensation. It compensates only if you lose your job. 
 

Frequently Asked Questions

What happens if I don’t renew your ILOE policy?

Your coverage will discontinue, and you will be charged fines for non-compliance. 

How much is ILOE insurance per month?

The monthly premium for a salary of less than AED 16,000 is AED 5. For those with a salary of more than AED 16,000, the premium is AED 10.

How can I renew ILOE insurance without a mobile number?

You can renew your ILOE insurance without a mobile number by visiting a nearby MBME kiosk. 

Can you renew your ILOE insurance before the expiry date?

Yes, you should ideally renew your ILOE insurance before it expires to avoid any penalties and fines. 

What happens if I accidentally provide incorrect information during ILOE insurance renewal?

Providing wrong information can lead to claim denials and fines. Thus, get the information corrected on time.

How can I change my mobile number before renewing ILOE insurance?

Log in to your ILOE insurance’s portal. Go to your profile and make the required changes.

What are the documents required to renew your ILOE insurance?

To renew your ILOE insurance, you only need your Emirates ID.

Tanvi Pathak

Tanvi Pathak

Team Lead-Content

Tanvi joined Policybazaar.ae as an insurance writer in 2022. Her focus areas have been term, life, and motor insurance. With an understanding of industry trends in UAE, she strives to deliver measurable results via informative blogs and conversion-centric landing pages. She is a goal-oriented professional with over 7 years of digital marketing experience. Her curiosity to stay updated with recent trends ensures that you keep in touch with every industry trend through her blogs, articles, and landing pages.

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