The worst thing happened...

I live in Canada, and am currently travelling in Israel for 6 months. I put my Bell phone contract on hold while I am abroad, but I still had my Iphone 4 with me for pictures and wifi. It was stolen last week at a bus station. It is currently on airplane mode, and not hooked up to any provider. I don't have any warranty besides the one that comes with the phone. Is there any way I can track my phone? If I buy any kind of insurance now will it cover the theft? Should i contact apple or my service provider? Any advice will be appreciated.

Really not much you can do.  In airplane mode, there is no network connection to ping the iPhone or have it talk back to the iCloud server, so find my iPhone will not work (assuming it was set up BEFORE this).  Without a data connection there is no way to remotely do anything to it or even find it.
Here in the USA, cell service providers do not offer any sort of tracking services, IMEI blacklisting or such things, but I have no idea about Canadian providers in general, nor Bell specifically, so you should ask them.  There is no point contacting Apple, as they have nothing to do with lost or stolen items.
As far as insurance, to my knowledge, buying insurance to cover an event that has already happened is usually classified as fraud, so I cannot see any options along those lines.  However, you may already be covered under your home owners or rental or some other policy you have, so check those to see if they cover personal items while traveling.
And of course, be sure to change passwords for sites/accounts you ever accessed from the phone.  Was it passcode locked at least?
Sorry, but there just is not a whole lot that you can do other than account damage control.

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