What is SHIP?
afe Home Income Plans (SHIP)
is a company supported by the leading providers of home income and equity
release plans. It was launched in 1991 and is dedicated entirely to the
protection of planholders and promotion of safe home income and equity release
plans.
All participating companies are pledged to observe the SHIP Code of Practice
set out here. Members
display the SHIP logo in their brochures and other printed material as
a guarantee to their customers.
The SHIP Code binds these companies to provide a fair easy-to-understand
and full presentation of their plans. Any scheme endorsed with the SHIP
logo will be properly explained and safe.
As a further safeguard, your own solicitor, who will oversee the transaction
on your behalf, must sign a certificate to acknowledge that the essential
features and implications of your chosen SHIP Plan have been brought to
your attention. No SHIP protection plan can proceed without a signed certificate.
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