Guide to Job Loss Insurance in the UAE

Whether due to company restructuring or economic challenges, it ensures you have a safety net while you search for new opportunities. Discover how job loss insurance in the UAE can help you stay secure and confident.

Significance of a Job Loss Protection Insurance UAE

Job loss protection insurance in the UAE serves several important purposes —

• Financial Support During Unemployment – It provides a steady income to help individuals cover basic expenses while they look for a new job.
• Boosts Job Market Stability – By easing financial stress, it helps people stay focused and competitive in the job market.
• Attracts Global Talent – The system supports the UAE’s goal of becoming a top destination for skilled professionals worldwide.

Features and Benefits of Dubai Insurance for Job Loss

Employment insurance in the UAE plays a key role in supporting the economy by helping people stay financially stable during periods of job loss. It reflects the country’s commitment to protecting workers in all economic situations. 

Here are the main benefits of job loss insurance in the UAE —

• ILOE Benefit – Offers a monthly payout based on your income (up to a set limit), in addition to the government’s ILOE scheme.
• Hospital Cash – Daily cash is paid for each 24-hour hospital stay after the waiting period.
• Accidental Death – A lump sum is paid to your nominee if you pass away due to an accident within 180 days of the incident.

Inclusions and Exclusions of Job Loss Insurance Dubai

The following are the inclusions and exclusions of Dubai insurance for job loss —

Inclusions —

• Involuntary unemployment
• Hospital cash benefit
• Accidental death benefit

Exclusions —

• Terrorism or war
• Unemployment due to participation in criminal activities
• Active war engagement

Eligibility Criteria to Buy UAE Job Loss Insurance

Job loss protection insurance in the UAE is available to Emiratis and residents employed in government or private sector jobs. However, it does not apply to business owners, investors, or those working on a temporary or part-time basis

Best Income Protection Insurance in UAE

One of the best income protection insurance policies in the UAE is the Orient Income Protection Plan. 

Here are the major benefits of this income protection cover in UAE: 

• If you involuntarily lose your job, you can receive up to 80% of your monthly income or AED 15,000 (lower of the either) for up to 3 months. This is in addition to the state’s ILOE benefit.
• If you're hospitalised, you can receive a daily hospital cash benefit of up to AED 400 for up to 15 days.
• In the event of an accidental death, your beneficiary will get up to AED 100,000 as a lump sum.

Where to Buy the Best Income Protection Insurance in the UAE?

The best income protection insurance can be easily bought via Policybazaar Insurance UAE. We offer the best plans from leading providers under one roof. In just a few minutes, you can fill in the application form, compare plans, and choose the one that best suits your needs. 

Where to Buy Job Loss Insurance UAE?

You can easily buy the best job loss insurance in UAE through Policybazaar Insurance UAE. We bring together top plans from leading providers in one place. Just fill out a quick form, compare options, and pick the plan that best fits your needs—all in a few minutes.

Frequently Asked Questions