Friday, July 5, 2024
HomeJobsUnemployment Insurance Program UAE 2023 | Get Paid Being Jobless

Unemployment Insurance Program UAE 2023 | Get Paid Being Jobless

Unemployment Insurance Program UAE 2023 | Get Paid Being Jobless:

Unemployment Insurance Program UAE 2023 | Get Paid Being Jobless is for those who want to receive a monthly payment without working in UAE.

On January 1, 2023, the UAE implemented an unemployment insurance program. This program attempts to give laid-off workers social security benefits. Employees of the federal government and the commercial sector can use it. According to the Ministry of Human Resources and Emiratization (MOHRE), joining the program is required.

Under this program, eligible workers who have lost their jobs are eligible to receive compensation in the form of a monthly salary for up to three months. To be eligible for the rewards, though, you must fulfill a few conditions.

Must visit the link: UAEU Fully Funded Undergraduate Scholarship 2023 in UAE

Critical Exemptions;

Employees who aren’t qualified for benefits under the plan.

  • Dismissal due to disciplinary issues.
  • Voluntarily Resignation
  • Departure from UAE
  • Starting a new career

 Also Check: Jobs at Jumeirah Group in UAE | 14,000 Dirhams Salary

Eligibility Conditions;

Employees in the federal and public sectors, including ex-pats and Emiratis, must meet the following requirements to be eligible for the Unemployment Insurance Scheme.

  • Have been employed in their prior position continuously for a minimum of 12 months as of the insurance plan’s enrollment date.
  • Domestic assistants, minors under the age of 18, investors, part-time employees, and retirees are examples of workers who do not come under the excluded categories.

Join Our WhatsApp Group if You not Joined it Already

Join WhatsApp Group

Follow WhatsApp Channel

Like Facebook Page

Follow Us On LinkedIn

Follow On Quora

Stay in Touch & Follow us on our Social Media Platforms to Get Latest Updates for Latest Opportunities. Join Telegram Channel – Facebook Group - Pinterest - Follow on Istagramn

Don’t miss the chance to job abroad: Saudi Aramco – Available Jobs 2023 in Saudi Arabia

Also, Check: Emirates Transport Dubai | Career Opportunities 2023 in UAE

How do I register for the Program?

Employees have a variety of options for enrolling in the Unemployment Insurance Scheme, including:

  1. Al Ansari Exchange
  2. Kiosk machines
  3. Telecommunications bill payment methods (du and Etisalat)
  4. Insurance Pool website
  5. ILOE app for Android

Estimating Insurance Coverage;

The insurance coverage compensation is given by the plan for a maximum of three months following the date of unemployment. 60% of the basic wage is used to compute the monthly compensation.

How do Redeem Insurance Benefits?

Employees must file a compensation claim within 30 days of the date of unemployment to receive insurance payments. Within two weeks after the claim date, compensation will be paid out, and each claim will only take up to three months to process.

Costs and Groups;

Based on the employee’s base pay, there are two groups under the insurance program.

Group 1: Employees who make a minimum of Dh16,000 per month.

  • Cost of insurance: Dh60 yearly
  • Up to Dh10,000 per month in remuneration, or 60% of the base salary

Group 2: Employees making upto Dh16,000

  • Insurance costs Dh120 per year
  • Up to Dh20,000 per month, which is equivalent to 60% of the base income

Staff workers who are paid on commission may also participate in the program. Depending on the category, insurance payments might be made on a monthly, quarterly, half-yearly, or annual basis.

The Insurance Pool and Contributing Insurance Firms;

“The Insurance Pool” consists of nine national insurance companies that operate in the UAE and is managed by Dubai Insurance Company. These businesses consist of:

  • National General Insurance Company
  • Orient Insurance
  • Abu Dhabi National Takaful Company
  • Abu Dhabi National Insurance Company
  • Al Ain Ahlia Insurance Compan
  • Dubai Insurance Company
  • Emirates Insurance Company
  • Oman Insurance Company
  • Orient UNB Takaful Company

Click on the link to Visit: DHL Logistics Saudi Arabia | KSA Job Vacancies 2023

It is significant to remember that the Insurance Pool is now the official organization in charge of offering insurance protection to workers protected by the UAE Workers Protection Program.

How to Apply Complete step by Step Process:

M. Faisal Usman
M. Faisal Usmanhttps://scholarshipcorners.com/founder-ceo-of-scholarship-corners/
Muhammad Faisal Usman Founder & CEO of Scholarship Corners, His aim is to help students worldwide get access to international research and higher education opportunities, scholarships, and other programs. To achieve this goal, he has created Scholarship Corners, which is the largest educational website providing details on scholarships, exchange programs, internships, Jobs, and more. The platform is free of Cost and helps students fulfill their dreams of higher education in different countries, particularly those who lack guidance and Funds. Faisal Usman is also Research Scholar & Expert Career Counselor. He provides guidance on subject selection and career counseling and has expertise in various areas such as digital marketing, creative writing, and leadership abilities.
RELATED ARTICLES
- Advertisment -

Most Popular