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

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Frequently Asked Questions

Does the ECICS Motor Excess Protector Insurance cover me when I drive overseas?

Yes, ECICS Motor Excess Protector Insurance extends to cover your rental excess when you rent a car and drive overseas anywhere in the world.

What plans does ECICS offer?

We have 5 standard plans tailor-made for different industries: Office, Retail, Service, F&B and Light Industrial.

How do I get a quote?

Contact us at +65 6206 5588 (Mon - Fri excluding Public Holiday, 8:30am - 6:00pm) or write to us at customerservice​@ecics.com.sg.

When will the Security Bond be transmitted to MOM?

New and transfer maid policies purchased:• within 14 days before the effective date,MOM’s record will be updated within 3 working days after the policy purchase date• more than 14 days before effective date,MOM’s record will be updated within 14 days before policy start dateRenewal maid policy:• MOM’s record will be updated within 3 working days after the policy purchase date.Please check the MOM portal and ensure that the electronic transmission to MOM is completed before your FDW arrives in Singapore. Failure to do so will result in the Immigration and Checkpoints Authority denying her entry, and she will be sent back to her home country.

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).

Can I purchase only the $5,000 Security Bond without the accompanying insurance?

No. The Security Bond is included in our Enhanced MaidAssure along with MOM’s minimum medical and personal accident insurance as a package. We do not offer just the Security Bond.

My FDW’s age is 61 years old, can I still renew her policy?

The eligibility criteria states that the insured FDW must be between 23 and 60 years old at the time of application. This means that individuals outside of this age range may not qualify for coverage under the insurance policy.

What is a Security Bond?

A Security Bond is a commitment to reimburse the government if either you or your FDW violates or fail to adhere to the terms and conditions of the work permit. This bond typically takes the form of a banker's or insurer's guarantee. For each FDW you employ (excluding Malaysian helpers), you are required to purchase a $5,000 security bond.

What are the payment methods available?

We accept payment via Visa/Master Retail Debit or Credit Card online.

I recently cancelled my FDW work permit, how do I cancel the policy?

MOM will issue the discharge letter 1 week after the FDW has left Singapore. Please provide us with a copy of the discharge letter to proceed with your cancellation.Please note that the effective date of insurance cancellation will be determined based on the discharge date from MOM, not the date when the work permit is cancelled.

Does your Motorcycle insurance cover me while I am riding in Malaysia or Thailand?

Our policy covers you when you ride your motorcycle in West Malaysia, the Republic of Singapore and that part of Thailand within 80.5km of the border between Thailand and West Malaysia.

Do I need to report to the police for all motor accidents?

You will only need to report to the police under the following circumstances:Damage to Government vehicle or propertyAccident with a foreign registered vehicleA Hit and Run accidentVehicle is stolen or vandalisedVehicle caught fireAccident involving a Pedestrian, Cyclist or Personal Mobility Device (PMD) usersA Malaysian police report is required if the accident happened in Malaysia.

How do I make a windscreen claim?

Please repair your windscreen at an ECICS Authorised Workshop. Call the workshop of your choice and they will help you file your claim and advise you accordingly. Click HERE for a copy of the Windscreen claim form.If the windscreen claim is of criminal or vandalism-related, a police report must be made. A copy of the police report must be submitted to your choice ECICS Authorised Workshop.

Can I name a family member in more than one policy with ECICS on Comprehensive Family NCD Builder Plan?

Yes, so long as the driver has a valid driving license and fulfils our underwriting criteria as named driver, you can purchase this plan and add them as a named driver in the Comprehensive Family NCD Builder Plan.

What is an “Unnamed Driver” in motor policy?

Unnamed Driver refers to someone who is not named under a private car policy.

Will I lose my NCD if there is a break in ownership of my vehicle?

Most insurers in Singapore will allow you to keep your NCD should there be a break in vehicle ownership for up to 24 months. Some insurers set the timeframe at 12 months. You should contact your insurer for details.

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