If its just a soft ticking noise, that would be the noise of the piston pump sucking out of the tank. If its a metallic tick, that would be your lift pump. Doesn't necessarily mean its dead though. Mine ticked like that at 1000-1200 rpm for the last three years. Still had good pressure. I had the IP off the truck, so it seemed like a good time to change it. No more metallic tick, but I still have the soft ticking noise from the tank.
I wouldn't put on an electric lift pump just to eliminate the soft ticking noise, when everything is functioning as it should.