Actually there is another cryptocurrency which is AUC. It is also based on insurance policy and business. Insurance business takes a lot of attention in market. It is because the amount of car and caused accidents. Health insurance in capitalist countries will work fine but I don't think in socialist countries.
The inscoin project is a first in the insurance business by bringing the block chain side by side. This wonderful idea will make life easier in the future by combining technology with insurance. I like this project and I will contribute.