Switching from ElderShield to CareShield Life - Should Aunt terminate her ElderShield ValuePlus 400 then? Any recommended supplementary plan (from which insurer?) to CareShield Life for the elderly?

In order to determine whether your Aunt should terminate her ElderShield ValuePlus 400 policy, the more important thing to do is to know more about her and her priorities first. This is because everyone is unique and have different needs and concern. As a result, there isn't a one-size-fits-all answer for your first question. Moreover, you may wish to note that upon the switch to CareShield Life, your Aunt can still choose to stay with her current supplement plan.

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On the other hand, she may also choose to enhance her long-term care coverage with CareShield Life's supplements. At this time, there are three insurers that offer CareShield Life supplements - Great Eastern Life, Income Insurance, and Singlife. After conducting a comparison on all the plans that each insurer offers, I must say that there are pros and cons in each plan. With this in mind, I would suggest you to speak to your Insurance Agent to learn more about what each insurer offers. Otherwise, you may also choose to speak to an independent Advisor who works with multiple insurers to share these insights with you.