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.
At Covenant Living, we believe that the best way to lead is to listen—and sometimes, the best way to listen is on two wheels!
For this #FeatureFriday, we’re heading to Shannondale at Maryville to see how Executive Director Dawn Doud is bringing a fresh perspective to community engagement. By trading her desk for her bike, Dawn hits the streets to meet residents right where they are—in their yards, on their porches, and in the heart of their neighborhoods. It’s all about those "small miles" that lead to truly "big moments" of connection.
Whether it’s a quick wave or a long chat over a garden fence, these daily rides ensure every resident has a voice and a friend in leadership. Check out the video below to see how Dawn is pedaling through the community to make sure everyone feels at home. ... See MoreSee Less
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At Covenant Living, our employees are the heart of everything we do.
Recently, teams across our communities came together to celebrate our annual Day of Belonging—a special day dedicated to recognizing the people who bring our mission to life every day.
From team activities and shared meals to moments of laughter and connection, communities across the country found their own ways to celebrate what makes Covenant Living such a special place to work.
Thank you to each of our employees for the care, compassion, and commitment you bring to residents, families, and one another every day.
✨Swipe through to see how our communities celebrated.
#DayOfBelonging #lifeatcovenantliving #employeeappreciation #ourpeople ... See MoreSee Less
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Happy Father’s Day! Here’s to the dads, grandpas, uncles, cousins, friends, and brothers — everyone who shows up and loves like a father. 💙 ... See MoreSee Less
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