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Safe Home Income Plans (SHIP)
Safe Home Income Plans or SHIP was established in 1991 by a small group of providers of equity release products. The founding companies were Allchurches Life, Hodge Equity Release, Home and Capital Trust and GE Life. Today, many providers of equity release schemes mark their products with the SHIP logo to guarantee that the service provided will meet the minimum standards applicable under the SHIP scheme.
The objective of SHIP is to protect the customer of home income and equity release providers. Members of SHIP must observe the provisions of the SHIP Code of Practice. The Code lays down four commitments: these can be viewed by clicking here
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