Until a runaway pickle truck hits them.
That's why I cancelled ours and just started saving the money. We're about to do the same thing with our home insurance.....not cancel it outright but do away with the portion which covers wind damage. We're paying over $5k right now and that is AFTER I dumbed things down...and it keeps going up. Got a couple trees I want to have taken down first before I do that however. After we do that, it will knock about $3k off our annual premium.I've spent $68,000 in premiums the last 5 years
It probably depends on your health. My Wife and I are very careful about our health and I take a crap load of supplements, especially antioxidants. Sounds like you don't have any health issues so it might be worth the gamble.I'm still 7 yrs from Medicare eligibility, but I'm leaning towards going without for at least the next year