How can I decide if should I get travel insurance on my trip to Osaka?

I have a 2.5 week Osaka vacation soon (May 30 - June 16), and I was wondering if I need travel insurance.
I won't be doing any hiking or any physically demanding activities, so I was wondering if it's worth the cost of the insurance: $150.
I'm 20, very healthy, no sicknesses of any sort. Will travel insurance even be necessary? How can I gather the information I need to make this decision?
Best Answer
Most travel insurance covers more than just your medical bills if you get sick or hurt on your trip, such as:
- if you get sick or hurt at home before you leave, and have to cancel the trip, you can claim for the deposits and prepayments (eg plane tickets) you lose
- if your illness or injury means you need to change your ticket to go home sooner or later, you can claim your change fees and any lost deposits
- if a hotel burns down or an airline changes its schedules dramatically (think Iceland volcano) you can claim costs for the substitution
Look into the insurance you are considering to see all the coverage it offers. You may want it after all.
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Do I need travel insurance to travel to Japan?
Japan requires travelers from other countries to have a visa for entry, for which medical travel insurance is required. While there is not a specific amount required, the coverage must last the duration of their entire trip.Is it a good idea to take out travel insurance in case you need?
While you're never required to buy travel insurance, it's a good idea for more expensive trips. The last thing you want to see is thousands of dollars in non-refundable purchases evaporate because of an unforeseen event. You can follow these below tips to you help you decide when travel insurance is worth it.When should you buy trip cancellation insurance?
It is advisable to purchase travel insurance as soon as you book your trip or holiday. For instance, travel insurance that includes trip cancellation benefits may help you recover non-refundable trip costs if you have to cancel your travel plans due to a covered reason in the run-up to your trip.Travel Insurance Tips: 7 Things to Know Before You Buy
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