Well Nellie I suppose all insurance preys on people's fears, really.
We insure our houses because we're frightened of a tornado coming along or thieves breaking in or the water pipes bursting.
The question is whether the cost of the premiums is balanced by the risk of the dreaded occurrence taking place.
I just got a quote from the website for myself (age 63, non-smoker) and the standard cover paying out £12500 woulod cost £18.14 a month. For 'complete' cancer cover it would be £48.67 (don't know what that provides).
Obviously no-one would do without house insurance or car insurance, but personally for this sort of insurance I would rather just save the money into a rainy day fund, than pay the premiums to the insurance company.
I don't want to sound too much like Frank but I think we could cope financially if the worst happened.
Anyway with my family history I'm much more likely to pop off with a sudden heart attack