With the jobs situation being uncertain, keeping your Involuntary Loss of Employment (ILOE) insurance is more valuable than it used to be. With ILOE insurance, you are protected financially in case you lose your job unexpectedly which can help cover your day-to-day costs while you search job openings. If your policy will soon expire, renewing it on the internet is convenient, takes little time and only requires a few actions. Here is the process for you to try.
What is ILOE Insurance?
ILOE (Involuntary Loss of Employment) insurance is there to help salaried people who unpredictably lose their jobs because of situations such as company restructuring or downsizing. In the UAE and areas with expat communities, ILOE policies give out monthly support for the time you are jobless which helps during your search for other work.
Who Needs to Renew?
For ILOE policies purchased, directly or indirectly, you need to renew the plan every year to keep the coverage active. Failure to renew on time may cause your insurance to expire and you might be unable to file a claim if required.
How to Renew ILOE Insurance Online
Below is a set of instructions for renewing your ILOE policy on the internet:
Step 1: Visit the Official Portal
Most people living in the UAE can handle ILOE insurance via the official website.
🔗 www.iloe.ae
Depending on your situation, you might be able to manage your insurance through the app or on third-party websites if the policy was given by an employer or personal insurer.
Step 2: Log in to Your Account
- Select the Login button from your screen.
- Add your Emirates ID and registered mobile number to the registration.
- Use the OTP (One-Time Password) you received on your phone to complete the process.
Step 3: Review Policy Details
After you have completed the sign-in:
- Go to My Policies or to Dashboard.
- Pick the Integrated Learning Opportunities for English (ILOE) plan that is currently being used in your school.
- Go through your policy to check when it will expire, what is covered and if you have any outstanding dues or information to update.
Step 4: Click “Renew”
There’s a way to Renew your policy from the top navigation menu. Click on it and answer the questions that appear.
Step 5: Confirm or Update Information
- Be sure all your work history and personal profile are fully filled in.
- Modify the payment system or choose a different health plan if you can.
- Some digital insurance companies let you increase the covered amount or extend the number of months insured.
Step 6: Make Payment
Pick the way you want to pay (credit/debit card or online banking). After the funds are sent, you will get:
- A proof of purchase
- A copy of your renewed policy as a digital file
- Sending a notification to email or phone is preferable.
Step 7: Save Your Documents
Print and keep your updated insurance certificate where it will be safe. You may use it in the future to justify a claim or present proof of coverage to an employer.
