AFAIK, most travel insurance covers you medically as well, in various territories around the world (depending on selection) and for flights/baggage/personal loss etc. The person i'm asking on behalf of is of the 'winging it' variety of personality and just accepted/was philosophical about the events they could have claimed on had they realised/known they were insured. Medically they were covered by the EHIC card within the EU. Sadly, now through a recurring medical condition and age, insurance is as good as impossible.