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

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

Frequently Asked Questions

What type of projects can be covered?

Contractors' All Risks insurance covers a wide range of projects such as residential and commercial building construction, renovation works and infrastructure projects.

Who should get Contractors' All Risks insurance?

Contractors' All Risks insurance can be taken up by the main contractor, subcontractor, or project owner, depending on the contract requirements. It’s often a contractual obligation before work can begin.

Do you cover everyone who use my motorcycle?

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

What plans does ECICS offer?

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

How will I receive the redemption link?

Upon successful full payment and Tesla Motor Insurance policy issuance, a unique email link will be sent to your registered email address under the subject titled "Tesla Motor Insurance Fractional Shares Campaign (FSPROMO)"for the redemption of Tesla Fractional Shares.

Are pre-existing medical conditions covered?

It is only covered under Hospital & Surgical Expenses if the FDW had been under your employment for more than 12 months.

What does the Enhanced MaidAssure Insurance cover?

Enhanced MaidAssure is a comprehensive insurance plan for your Foreign Domestic Worker (FDW) that covers the following benefits:- Accidental Death or Permanent Disablement,- Hospital & Surgical Expenses,- Replacement/Re-hiring Expenses,- Wages & Levy Reimbursement,- Repatriation Expenses,- Insurance bond guarantee.For more information, please refer to the policy wording. Alternatively, feel free to call us at +65 6206 5588, WhatsApp us at +65 8956 5588, or email us at customerservice@ecics.com.sg.

What happens to my policy if my FDW is returning to her home country and not coming back?

You will need to cancel her work permit to stop your levy and ensure that you keep a copy of her travel ticket or departure itinerary as proof. MOM will proceed to discharge the Security Bond after verifying that your FDW has left and did not re-enter Singapore. Upon discharge, you may proceed to request for policy cancellation.

What is the difference between Outpatient Medical Expenses (For Accident) and Hospital & Surgical Expenses?

• Outpatient Medical Expenses (For Accident) cover medical bills for outpatient treatments that arise solely from Accident. For example, your FDW accidentally scalds her hand while cooking and requires dressing for the burn.• Hospital & Surgical Expenses cover inpatient medical bills for treatments related to both accidents and illnesses.

Do I still need to pay $5,000 to MOM when I’ve already purchased the Security Bond?

No, you do not need to pay $5,000 upfront to MOM as we act as a guarantor by issuing a Letter of Guarantee to MOM on your behalf. However, if you or your FDW breaches any of MOM’s rules or conditions, MOM may forfeit the bond and demand for payment from ECICS. In such cases, we will seek recovery of the amount from you.

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.

How can I enjoy the benefits of No Claim Discount Protector (NCDP)?

With ECICS, all Private Motor Car insurance policy comes with a complimentary No Claim Discount Protector. It is free for our customers as long as you have NCD 10% and above.

What happens if the policy is cancelled?

The moment the policy has lapsed/ceased, the Family NCD benefit will likewise cease. All earned Family-NCD will be forfeited. However, we understand that there could be various reasons why customers may temporarily not own a car therefore do consult us to see how we can help.

Do I still need to make an accident report even if there are no damages to my vehicle or a private settlement had been reached between parties involved?

Under the Motor Claims Framework (MCF), in any accident regardless how minor it was, it is a requirement that an accident report be lodged in any of our Approved Reporting Centres within 24 hours or by the next working day. Your insurer will do the necessary and review the matter upon receiving the signed Private Settlement form.

Is my NCD transferable?

In principle, your NCD applies to you and not to your vehicle. For example, if you sell your vehicle and buy another one, you will retain your NCD. However, if you own more than one vehicle, you might have a different NCD for each vehicle. You should check the details with your insurer, but generally: Your NCD can- - Be transferred if you decide to switch insurer. - Be transferred to another vehicle you own, but it cannot be applied to more than one vehicle at any point in time. For example, if you have accumulated a 30% NCD while using one vehicle, it does not follow that the same NCD applies to any other vehicle that you own or decide to buy. In other words, you will have to earn the NCD for each vehicle separately Your NCD cannot- - be transferred to another person, except for your spouse and within the current insurer only. Transfer of NCD to your spouse will not be applicable if you renew your policy with another insurer.

What if one of the Family NCD member had an accident on another vehicle not insured by ECICS or a different policy?

The Family-NCD will not be affected as it follows the policy's claim experience. However, his past accident history will be taken into consideration when the Family NCD member get a new quote from us.

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