Promotions

Insure Your Tesla, Get Tesla Fractional Shares

Get rewarded when you insure your Tesla with ECICS. Enjoy complimentary Tesla fractional shares through our exclusive campaign with Phillip Securities - for a limited time only.

Promotions

Insure Your Tesla, Get Tesla Fractional Shares

Get rewarded when you insure your Tesla with ECICS. Enjoy complimentary Tesla fractional shares through our exclusive campaign with Phillip Securities - for a limited time only.

What’s Included in the Offer

What’s Included in the Offer

Complimentary Tesla Fractional Shares

Enjoy a first-of-its-kind reward — receive Tesla fractional shares when you insure your Tesla with ECICS.

Backed by Phillip Securities

This exclusive benefit is made possible through our partnership with Phillip Securities Pte Ltd, a trusted name in investments.

Full Motor Coverage for Your Tesla

Get comprehensive protection for your electric vehicle — including roadside assistance, accident repairs, and windscreen claims.

Recognised NCD & 24/7 Support

Transfer your NCD from other insurers and enjoy peace of mind with our round-the-clock claims support.

Grow Family Savings with Every Drive

This is an ECICS-exclusive plan where every safe year of driving earns 10% Family-NCD up to 50%! Redeem when family drivers buy their own cars.
Policyholder purchases the Comprehensive Family NCD Builder Plan along with a Named Driver
Named Driver enjoy up to 50% discount on a new policy when they purchase a new vehicle
Terms & Conditions
Terms and conditions apply. Discount is automatically applied. Not stackable with other promos.

Grow
Family
Savings
with Every Drive

This is an ECICS-exclusive plan where every safe year of driving earns 10% Family-NCD up to 50%! Redeem when family drivers buy their own cars.
Policyholder purchases the Comprehensive Family NCD Builder Plan along with a Named Driver
Named Driver enjoy up to 50% discount on a new policy when they purchase a new vehicle

Promotion Eligibility

Available for new and renewal Tesla motor insurance policies only
Policy must be purchased directly from ECICS website
Tesla vehicle must be registered in Singapore
Terms & Conditions

Discount is automatically applied. Not stackable with other promos. Click here to see Terms and conditions

How to Redeem

1.
Buy or Renew Your Tesla motor insurance policy directly from ECICS
3.
Submit your POEMS account number to ECICS after policy activation.
2.
Open a POEMS account under the policyholder’s name

(if you don’t have one)

4.
Receive your Tesla fractional shares in your POEMS account approximately 3 months after policy activation.
1.
Buy or Renew Your Tesla motor insurance policy directly from ECICS
2.
Open a POEMS account under the policyholder’s name

(if you don’t have one)

3.
Submit your POEMS account number to ECICS after policy activation.
4.
Receive your Tesla fractional shares in your POEMS account approximately 3 months after policy activation.

Trusted by People Like You

Thinking ahead? See how our Private Car Insurance protects what matters

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Frequently Asked Questions

Does the NCD Protector protect all the Family NCD members?

No, it does not. ECICS NCD Protector only protects the policyholder/insured. It does not extend to cover all the Family NCD members.

Do I need to name all my employees in my Commercial Vehicle insurance policy?

No, ECICS Commercial Vehicle insurance policy is on authorised drivers basis. It covers any person who is driving on your order or with your permission, provided it is in relation to your business and the person driving is permitted to drive in accordance with the licensing or other laws or regulations to drive the vehicle.

What if I have multiple EV policies?

The Benefit shall be limited to one redemption per Qualifying Policy. Policyholders with multiple Qualifying Policies may be eligible for multiple redemptions.

Can I be eligible for another round of Tesla Fractional Shares on my renewal?

Yes, you will qualify for this promotion when you renew your Tesla Motor Insurance, as long as no claims have been filed during the policy year.

When can I receive my Tesla Fractional Shares?

The Tesla Fractional Shares for this campaign will be processed and credited to the specified Policyholder's POEMS account within 3 to 4 months following the policy activation date (please note this is different from the purchase date of your policy).

As an employer, is there a way to limit my liability on the $5,000 Security Bond?

Yes, you can. We offer Waiver of Counter Indemnity as an optional add-on. With this, your liability on the $5,000 Security Bond is capped at $250, and the insurer covers the rest if the bond conditions are breached. However, this does not apply to any breach of bond conditions due to your negligence or fault.

Do you cover everyone who use my motorcycle?

All riders need to be named in the policy. Unnamed riders are not covered.

Do I need Motorcycle insurance in Singapore?

Yes, it is illegal to use a vehicle in Singapore without a valid insurance cover. At a minimum, you must have third-party insurance, which covers injury or damage caused to other people and their property.

Do you offer NCD Protector for Motorcycle insurance?

Yes, ECICS motorcycle insurance policy comes with complimentary No Claim Discount Protector. It is free for our customers as long as you have NCD 10% and above.

What does your Motorcycle insurance cover?

We have 3 plans to suit your needs. The Comprehensive plan covers loss or damage to your motorcycle, as well as third party liability for bodily injury and property damage.

Does your Motorcycle insurance cover usage of motorcycle for food, parcel or other delivery services?

We do not cover usage for food, parcel or other delivery services.

Where can I make the accident report?

You can report the accident at any of our Authorised workshop that is also our appointed Accident Reporting Centres within 24 hours of the accident.

What is “Excess” in a motor policy?

Excess, also known as the deductible, is the first amount of the claim that the policyholder needs to bear in view of the claim.

Can I used the Family-NCD to purchase from another insurer?

It is not transferrable to other insurers. This is a unique and innovative feature of our product to provide customers and their loved ones the best value they can get.

What is the time frame for me to report the accident?

Report the accident to us within 24 hours or by the next working day and our representatives will help you with the accident reporting.

Who can buy ECICS’s Private Motor Car insurance?

You are eligible for ECICS Private Motor Car insurance if: - you and your named drivers (if any) is/are the resident(s) of Singapore possessing a valid NRIC/FIN; - you are the main driver and owner of the Private Car; - you and your named drivers (if any) is/are not an existing ECICS’ Private Motor Car Policyholder with claims. - Neither you nor your named drivers (if any) has had his/her driving license (any class) suspended or cancelled in the last 3 years; - Neither you nor your named drivers (if any) has had his/her private car insurance refused, declined renewal or terminated by any insurers; - Your Private Car is or will be registered with the Land Transport Authority (“LTA”) and; - Your Private Car is not and will not be used for commercial purpose, hire and reward, rental or leasing.

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