There is a need to have the paper based policies to be transfered in the blockchain since the existing policies matters and that Inscoin project will institutionalize this process and make it more secured and protected in the blockchain. Indeed it is really great to have records of current policies for each insured person.
The project is worth dwelving into by experts in insurance and experts in blockchain.
Inscoin for sure will do the job. The process is well defined based on paper-based process to insure replication of existing policies. Inscoin will make the process simplier and protected.