I would highly recommend travel insurance for a plethora of reasons, but this is completely up to you. If you have a medical condition; if your luggage gets lost along the way; theft; if you couldn't afford to change your transportation plans on the spot if something required you to return home asap; etc. etc. I would caution you to read the fine print of all travel insurance policies before investing in one or the other to ensure it covers exactly what you need.
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