SHIP Plans For Total Price of Mind SHIP stands for Safe Home Income Plans and was launched to protect the consumer. Not all ER providers have signed up for SHIP (most have though) and it is therefore in the consumers advantage to look for the SHIP logo when considering doing business with any ER company. A ER plan or a lifetime mortgage utilising SHIP will carry the following guarantees -

• You retain the right to remain in your home for as long as you choose
• You have the financial freedom to move to another property, without financial penalty
• You are guaranteed a cash lump sum payment or a regular income
• You will never fall into negative equity should house prices drop in the future