As a nonprofit senior living Life Plan community, The Covington provides a unique combination of benefits for your health, wellness, lifestyle, and legacy. These benefits are amplified by our nonprofit status – we do not pay dividends to shareholders. This allows us to continually reinvest in our communities to renew and improve infrastructure, amenities, and services.
Your one-time Entrance Fee ensures you enjoy high-quality care and lifestyle but there is a significant additional benefit. No matter how many years you live here, a majority of your entrance fee will be reimbursed to you or your estate upon re-occupancy of the residence by its next proud occupant. It means you can live exceptionally well and still leave a sizable legacy to your heirs with this automatically protected portion of your assets.
ECS is among the top Life Plan/CCRC providers in America when ranked by financial strength with an earned A- rating from Fitch Ratings, a global leader in credit ratings and research. We are extremely proud of this exceptionally high rating, something that fewer than 5% senior communities in the U.S. have achieved.
When you compare communities and their sponsoring organizations, be sure to find out if they operate on a for-profit or nonprofit basis.
To learn more about our financial strength, or if you have any questions, please do not hesitate to call or Contact Us.
ECS. Celebrating 100 Years. Proudly Nonprofit.