necessary, as I say in my previous message.
The reason checking is necessary is because it is possible for the clearances to close up over time.
Should your valve clearances close up, the valves will be pressed against their seats for a shorter length of time, and will thus suffer inadequate cooling time. This means an increased probability of suffering a burned valve, which will leak and cause compression, emissions and power problems. Burned valves cost mucho dinero, hombre.
The only way to make sure your valves have adequate cooling time is to check the clearances at regular intervals. The factory specifies 30K miles. I do it more often than that, just 'cause I like to. YMMV, as the acronym goes...
*Loose* clearances are not a real problem. A loose valve is a happy valve. It has lots of time to give up lots of heat. A loose valve is also a noisy valve though, but that's the driver's problem. The solution is to turn up the radio. If it's REALLY noisy, like making a loud clacking noise at all times, then somebody's made a mistake and needs to go back in and fix it.
As far as your "ticking" sound, it's more likely piston slap or the power steering pump, not the valves. Valve noise is there all the time, not just when cold.