UAE EXTENDS FULL COVER – ON JOBS AND HEALTH: Full coverage – that’s what the UAE is out to provide its citizens and residents this year. There will be the expansion of the health insurance cover for residents – which until now had only been applicable to those in Dubai and Abu Dhabi. A decision on the actual launch date should be confirmed within weeks, according to insurance industry sources. The other big bang move is help those hit by a sudden job loss – the Involuntary Loss of Employment scheme provides those affected individuals funding for the first three months and can go a long way in seeing them through a most difficult phase. What UAE’s residents should be doing is to make those regular payments to their Involuntary Loss of Employment (ILOE) premiums – it’s for the greater good, and let there be no doubt to it. Especially so for those lower down on the income chain. So, make those payments – monthly, semi-annual, or annual – count. If ever a crisis hits on the job front, those payouts will help. Immensely. (By Manoj Nair, Business Editor)