Senior Health Insurance Company of Pennsylvania (SHIP) is a Pennsylvania-based limited life insurance company that specializes in administering a closed block of long-term care insurance policies. Since 2003, SHIP has not sold new policies, focusing solely on managing its existing portfolio. With its corporate office in Carmel, Indiana, and administrative office in St. Paul, Minnesota, SHIP has been placed in rehabilitation by the Commonwealth Court of Pennsylvania, and policyholders have been provided with an Approved Rehabilitation Plan, offering them choices regarding premium rates and benefits adjustments.
As a closed block insurance company, SHIP's primary objective is to effectively manage and administer its existing long-term care insurance policies. With a commitment to providing quality service to its policyholders, SHIP operates from its corporate office in Carmel, Indiana, and administrative office in St. Paul, Minnesota. Placed in rehabilitation by the Commonwealth Court of Pennsylvania, SHIP has implemented an Approved Rehabilitation Plan, giving policyholders the opportunity to make informed decisions regarding changes to their policy's premium rates and benefits.
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