Life cover is not “enough” in the abstract. It can meet a stated household scenario when the usable death benefit and survivor resources cover the debts, immediate costs and support obligations you chose.
The calculation MoneyMap shows
Every assumption is editable. If you choose ten years of family support, MoneyMap shows ten years. It does not silently decide that a particular salary multiple applies to every household.
A worked family example
This example assumes no survivor income, education cost or immediate cost because none was entered. That makes those facts visible unknowns—not zeroes MoneyMap claims to have verified.
Four checks that change the number
Who needs this income?
A partner who earns, a young child and older parents can need different amounts and different support periods.
Is each income protected?
One household total can hide an uncovered second earner. MoneyMap records protection per earner.
What would survivors really have?
Count accessible assets and income that would continue. Do not count the same policy benefit twice.
Will it reach the right people?
Confirm the death benefit, term end date, nominees or beneficiaries, exclusions and whether employer cover ends with the job.
MoneyMap uses this needs-based structure as an educational scenario, consistent with the obligation-and-resource approach used by Australia’s government-backed MoneySmart calculator. Local insurance and estate rules still come from the selected country pack.
The first three findings are free. MoneyMap shows the people affected, facts used, assumptions, missing answers and one next action.