At Westminster Village, we realize that what’s right for one person may not be ideal for another. That’s why we offer three financial options, each one with their own unique advantages. Depending on your situation, you may favor a particular choice. Let us help you find the right option for you. For more details about each plan, call (812) 232-7533 or come by to talk with one of our sales counselors.
75% Return-of-CapitalTM Plan
With our 75% Return-of-Capital Plan, we make a long-term financial commitment to you. This plan refunds the majority of your entrance fee to you or your estate regardless of how long you reside in our community. The refund is provided once your home or apartment is re-occupied. As with our Traditional Endowment Plan, you pay only your monthly fee and any health care you may need.
Traditional Endowment Plan
Our Traditional Endowment Plan gives you the benefits of continuing care at a moderate price. Under this plan, your entrance fee is refunded to you or your estate less a sum equal to 2% for each month or fraction thereof of occupancy for a 50-month period. Even after your fee is fully endowed and you are no longer eligible for a refund, you continue to pay only your monthly fee and any health care you may need.
Yearly Lease, Subject to Availability
At Westminster Village, we often offer the flexibility of leasing on select apartments. You pay one simple fee to cover our services, activities and amenities. Your monthly lease payment, which depends on the size and style of apartment, includes continental breakfast, daily lunch or dinner of your choice in our dining room, weekly linen service, all utilities (excluding phone), cable TV, maintenance, access to planned activities, weekly transportation to grocery stores and 24-hour emergency response. Other services such as on-site health care are available for an additional fee. If you are interested in our leased apartments, call today for information on availability.