In this episode, Olivia Fox discusses the importance of planning for the future and being prepared for catastrophic events. She introduces Michael Thompson, an expert in financial planning and life insurance. They discuss the evolution of life insurance policies and the benefits of using life insurance for living benefits. They also emphasize the importance of protecting children with life insurance and planning for their future. Michael explains how life insurance can be used to become your own bank and provides contact information for those interested in learning more.