Temp-to-hire offer, worth it? - 10 months and counting

A permanent role may come up, but the contract starts now. I worked as an electrician's helper before this. I have 10 months of savings left. Did a contract become permanent?

I took a contract and it converted after four months. The time also kept my skills current.

Buy coverage through the marketplace if the contract has none. I budgeted for it before signing.