Flexible Financial Options
At our Life Plan Community, the financial benefit of Life Care means you pay a one-time Entrance Fee and a Monthly Service Fee (based on the apartment style you select). All services, amenities, and long-term health care are included under our Type A Residency Agreements. The only difference is the amount of refundability.
Choose the investment option that is right for you, with three plans that let you keep control of your money.
90 Percent Refundable (Higher Entrance Fee)
This high refundability option gives you the flexibility to move away, if you choose, and be refunded 90 percent of your entrance fee to roll into a new living arrangement. It also provides peace of mind of leaving something in your estate should you decide to permanently live at Three Crowns Park.
50 Percent Refundability (Lower Monthly Fee)
This option assures that 50 percent of the entrance fee is refunded should you decide to move away, and has a lower monthly service fee than the two other options.
0% Refundable (Lower Entrance Fee)
To enable you to retain some of your assets to invest or spend as you would normally, the entrance fee in this contract “spends down” six percent your first month with us, and two percent each month thereafter. After 48 months, the refundability reaches zero, with no refund back to you or your estate.
A Note for Couples
Couples that come to Three Crowns Park are offered full Life Care benefits for two people with a reduced second person Entrance Fee and Monthly Fee.
To Discuss Your Financial Options
For help deciding which may be best for you, meet with our expert staff and receive personal guidance. Schedule a meeting — call (847) 328-8700 or contact us online.
Your application for residency is qualified based on health and finances. Cost of living/operation increases to the monthly service fee may occur.
Are the ongoing costs of homeownership holding you back from a truly worry-free retirement? 🤔
Many people are surprised to realize how affordable and valuable Covenant Living can be once they compare the expenses. We offer a variety of financial options with different fees, health care provisions, and even estate benefits.
Ready to see how the costs stack up? Consider the expenses of staying in your current home that disappear when you move to a senior living community:
✅ Home Ownership: Mortgage or rent, soaring property taxes, home insurance.
✅ Upkeep & Hidden Costs: Utilities, landscaping, unexpected repairs, and maintenance.
✅ Lifestyle: Groceries, security systems, gym memberships, and specialized caregiver services.
The most valuable return is your peace of mind. You'll know your assets and income are protected, even if future health care needs arise.
Take the first step toward clarity. Learn more about financial options and how we can support your transition: tools.roobrik.com/covenant/threecrownspark/seniorliving/start?_vsrefdom=social-social-social-medi... ... See MoreSee Less
Comment on Facebook
January is Financial Wellness Month — a great time to reset and check in on your financial health. Simple steps like reviewing your budget, setting a few goals, and checking your credit report can help set the tone for the year.
If charitable giving is part of your priorities for 2025, thoughtful planning can help your generosity go further and support the causes that matter most to you.
Learn more about ways to give at: ... See MoreSee Less
Ways to Give - Philanthropy | Covenant Living Communities
covliving.org
Your support enables your friends and neighbors to continue to Live with Promise in their Covenant Living communities.Comment on Facebook
As we age, thyroid health becomes even more important. Thyroid issues are common among seniors and can affect energy levels, weight, mood, and overall well-being. If you or a loved one are experiencing unexplained changes, it’s essential to get a thyroid checkup. Early detection and treatment can help maintain a healthy lifestyle. 🩺💙
This Thyroid Awareness Month, take charge of your health and talk to your doctor about thyroid screenings.
Learn more: bit.ly/4fFTmZP ... See MoreSee Less
Comment on Facebook