A short conversational transcript (YouTube) where Richard Canfield and another speaker discuss the importance of structuring and expanding capital deployment into insurance-like policies. They emphasize proactive planning with a coach to maintain insurability, build capacity for future expansion, and cover additional risks as one ages.
Chapters
Why you might want to have another greenhouse is the same idea why you might want to increase the capital that you can deploy into an insurance policy structured the way that Roman has done it for you.
There's no guarantee that you will be insurable in the future, but it is super important to talk to your coach who will structure it for you, and think about expanding in the future and then planning for that. Planning should be active planning, not just passive hope that this will happen. Maybe I will qualify for insurance. No, you have to be confident that you have capacity to plan for you are getting older every day, so we have to plan for future expansion. Working with your coach and building that capacity of having enough insurance in place so that maybe you can convert, maybe you can plan in other things as well and cover other risks.