Shaw Lifetime Care
Shaw Lifetime Care was set up to help customers meet the costs of funding care home fees without the need to sell their homes.
The Shaw Foundation owns 100% of the share capital of Shaw Lifetime Care.
Paying for your care, without selling your home
The Care and Home Inheritance Plan “CHIP”® is a cluster of services which have been carefully packaged and brought to you by Shaw Lifetime Care.
The product is designed to help you meet the costs of your care home fees without the need for you to sell your home. You can receive the care you deserve, in the care home of your choice, knowing that your home is secure.
Find out more at www.shawlifetimecare.co.uk
The CHIP® pays the difference between the customer’s pension income and their care home fees for the rest of their life, however long they live. The CHIP® removes the fear of ever running out of money and having to move to a cheaper care home.
The customer’s property is repaired, improved to bring it up to current letting standards and then insured, professionally let and managed. The customer’s beneficiaries can, at any time following the death of their benefactor, buy the property back from the company on payment of a lease break fee.
This lease break fee reduces year by year to nil: typically after ten years as the rent from letting the property repays all the care and related costs met by the CHIP®.
