Employees who are fired now feel more comfortable because the UAE government made unemployment insurance mandatory for both government and private employees. For up to three months, the program offers financial assistance while people look for new employment.
Let’s examine how the program functions and how to obtain the amount of UAE unemployment insurance in the event that you lose your job.
UAE Unemployment Insurance Benefits
You will receive monthly insurance payments of up to AED 10k if your monthly earnings are less than AED 16k. You will receive insurance payments totaling up to AED 20k if your monthly income is more than AED 16k.
- You’ll keep getting your insurance payment.
- Up to three months following the cessation of employment,
before you begin your new career, In contrast if you don’t meet the requirements, your unemployment insurance benefits may be stopped.
Indemnity for Unemployment UAE eligibility requirements
Depending on your wage range, you must pay a little monthly fee in order to be qualified for insurance. All public and private sector employees are eligible for the program.
You must have paid the insurance premium for at least 12 consecutive months in order to be eligible for an insurance claim in the event of job loss.
Who Doesn’t Qualify for the Unemployment Insurance Program?
- Temporary workers
- Investors who run the company
- People who obtain a pension and start a new job
- Workers in the home
- Minors under the age of 18
Applying for unemployment insurance in the UAE
Applying for the program can be done in one of the ways listed below:
- Insurance Pool’s official website and smart applications
- Centers for Business Services
- Outlets for DUB & ETISALAT
- Bank Kiosks and ATMs
- Money Transfers
You must pay the monthly subscription once you’ve applied for the program. You can select between making yearly or quarterly payments.
Cost of the UAE’s unemployment insurance program
The low premium cost is due to the program’s goal of giving workers financial security in the event of unemployment.
|Employee Categories||Insurance Premium Amount|
|Monthly salary less than AED 16,000||AED 5 per month (AED 60 annually)|
|Monthly salary of more than AED 16,000||AED 10 per month (AED 120 annually)|
You must file a claim within 30 days using one of the following authorized channels:
- Visit website
- Smart application
- 60 059 0000 for the call center
Application complies with terms and conditions, the insurance payment will be transferred within 2 weeks.
Also Read: UAE Visa Fine Check 2023 for Overstay