Hi bizzylizzy,
It sounds like a difficult decision to make and I think one of the main things you need to consider first and foremost is where cover is on your list of financial/health priorities. If you’re barely able to pay your rent/mortgage, utilities, and other basic needs, then maybe having cover isn’t the right thing for you. I’m not sure what expenses you’ve cut out of your budget in order to afford to pay for your cover, but if they are things that are higher on your list of needs then it might be best to terminate your plan and see how you get on without it.
The next important thing you need to look at is how much you’re actually using your plan and if you foresee needing it in the near future. It’s kind of a catch-22 situation because few of us actually plan to get sick or hurt, but it does happen and if you’re already struggling, how will you pay for the care you need? It all really depends on individual circumstances.