He still needs money to fund, for example, his cryogenic payments. He wears that little metal bracelet everywhere he goes (I got to a lot of conferences), I can't imagine the service is cheap.
I read that you set it up so that the cryo people get your life insurance.
This is accurate. The absolute cheapest option is around $35k plus an annual membership fee (or a one-time few-k fee I believe). The more premium (but head-only) option is $80k plus annual membership fee. (A bit more if you opt for a standby team.) A life insurance policy that covers these amounts does not cost very much.
Sure, most people bang some form of this drum, but when they do people chuckle. When someone starts swinging tens of millions of dollars whiling banging the drum though... people pay attention. For some strange reason though, they stop seeing it for what it is... dazzled by the money as they are.