Enjoy a first-of-its-kind reward — receive Tesla fractional shares when you insure your Tesla with ECICS.
This exclusive benefit is made possible through our partnership with Phillip Securities Pte Ltd, a trusted name in investments.
Get comprehensive protection for your electric vehicle — including roadside assistance, accident repairs, and windscreen claims.
Transfer your NCD from other insurers and enjoy peace of mind with our round-the-clock claims support.
Discount is automatically applied. Not stackable with other promos. Click here to see Terms and conditions
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We’re More Than Just an Insurer—We’re Your Neighbour Through Life’s What-Ifs.
We have 5 standard plans tailor-made for different industries: Office, Retail, Service, F&B and Light Industrial.
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.
Private Motor Car insurance covers private motor cars for personal or domestic usage. Commercial vehicle insurance, on the other hand, covers commercial vehicles used for business or commercial purposes.
For questions about opening your POEMS account, please contact Phillip Securities' Customer Experience Unit at 6351 1555 or talktophilip@philip.com.sg.
Contractors' All Risks insurance covers a wide range of projects such as residential and commercial building construction, renovation works and infrastructure projects.
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.
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.
Generally, No Claim Discount Protector (NCDP) are not transferrable from one insurer to another insurer. However, we recognize other insurers’ NCDP.
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.
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.
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.
The accident report will provide us with the necessary information should there be any claims made against you for the accident. Failure to report the accident may result in you handling and settling any claims on your own.
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