How so? In deciding whether to insure anything one should consider the lifetime cost of that decision in addition to the periodic cost. That might be different if OP mentioned some temporary activities with a high risk of loss and was interested in insurance for a short period only.
Most in the US have some limited coverage under their home policy. Adding a rider in that case for AU$1/day is no longer without its own cost and that cost adds up over time. Whether that cost is worthwhile is a personal choice. In the case if hardware which costs more than hearing aids it is more worthwhile but on a lifetime basis may still not be. We don't have all the details such as deductibles, whether home rates can go up from a CI claim, what is actually covered, etc. Some people like to overinsure and pay for perceived certainty.
You’re ignoring this member’s posts.