Do you think the storage of the umbilical cord blood cells of your child can be useful in the future?

I have posted this question in the medical section but I would like to know what you, moms and soon-to-be-moms think.

How seriously can I take this kind of "help" in case someone gets a severe disease in my family? Some doctors say it is just a waste of money because nobody has recovered due to this while some doctors say it can be beneficial in the future and these blood cells can be used in more and more cases as technology and medical research develops.

It is uncertain who can use the cells besides the child/donor so it may happen that even though you have had the cells stored, your sick family member can't recover. In spite of the fact that there are so many questionable details about the storage of cord blood, do you think it is worth it because we don't know what developments are ahead of us or you wouldn't recommend it?
I already signed a contract with a cell bank company, I just want to know the opinion of other people. It seems like it divides people very much. The company I signed up with said in case they go bankrupt or go out of business, they will take full responsibility to take the cells to another storage place. This is included in the contract. This is something that I am also afraid of since this is a long-term agreement but it seems like they have to take responsibility and I have their promise in writing so if this does not happen, I could even sue them.

I agree that it is not very likely that we would need to use these cells (it is good if we don't need to) but who knows what might happen.I hope there will be more and more diseases that can be cured with the help of these cells.

Well - I was very interested in cord blood banking, but it is so expensive and all my research showed that there is about a 1% chance of ever needing the cord blood.

So I have decided to bank our cord blood at a public facility. It is free, but if someone else needs it ( before we would - if at all) then they get it.

Do you think the storage of the umbilical cord blood cells of your child can be useful in the future?

How seriously can I take this kind of "help" in case someone gets a severe disease in my family? Some doctors say it is just a waste of money because nobody has recovered due to this while some doctors say it can be beneficial in the future and these blood cells can be used in more and more cases as technology and medical research develops.

It is uncertain who can use the cells besides the child/donor so it may happen that even though you have had the cells stored, your sick family member can't recover. In spite of the fact that there are so many questionable details about the storage of cord blood, do you think it is worth it because we don't know what developments are ahead of us or you wouldn't recommend it?
I already signed a contract with a cell bank company, I just want to know the opinion of other people.

I agree that it is not very likely that I would need to use these cells (it is good if I don't need to) but who knows what might happen.I hope there will be more and more diseases that can be cured with the help of these cells.
The company I signed up with said in case they go bankrupt or go out of business, they will take full responsibility to take the cells to another storage place. This is included in the contract. This is something that I am also afraid of since this is a long-term agreement but it seems like they have to take responsibility and I have their promise in writing so if this does not happen, I could even sue them.

I would suggest that if you feel strong about saving this, then you might want to look into how much it would cost to cryo store this. I'm sure at some point that someone may want to do stem cell research on the sample too.

http://www.cryostore.com/storage/

IF you can afford to store the sample, then I'd go ahead and store it cryogenically.