"That depends on what kind of travel insurance policy you are refering to. There are insurance policies you can buy that cover medical attention. Many times you must pay ""out of pocket"" but the...
Travel insurance is an important thing to have while backpacking in Europe. Such a trip has many inherent dangers, like natural disaster, theft, or delays in travel.
Travel Insurance is highly recommended going anywhere. Who knows what could happen on a trip. It's better to be prepared, and it doesn't matter if you're traveling to Europe, Asia or Australia.