Question 1

What is Map My Risk and how is it different from insurance aggregator portals?

Accepted Answer

Map My Risk is an independent financial risk diagnostic platform, not a product sales broker. We do not push policies for commission. Instead, we use comprehensive actuarial models to evaluate your holistic family risk resilience across Life Protection (HLV), Healthcare Adequacy, Liquidity/Emergency Runways, and Retirement Readiness before recommending actionable mitigation steps.

Question 2

What is Human Life Value (HLV) and why is it crucial for my family?

Accepted Answer

Human Life Value (HLV) is the financial value of an earning member's future income potential to their dependents. Calculated using income replacement methodology, it accounts for your working years remaining, personal expense deductions, outstanding debts/mortgages, and milestone goal commitments (such as child education) to ensure your family's standard of living is completely protected in case of premature demise.

Question 3

How much health insurance does an Indian family need in 2026?

Accepted Answer

As a benchmark, Map My Risk suggests a ₹10 lakh family floater as your base cover, and a ₹1 crore total once a super top-up is added. A super top-up pays only after your medical bills in a year cross a threshold, so it costs far less than a base policy of the same size. The benchmark is the same for every family: a larger family, older parents on the policy or treatment in a big city can all justify more. Check your own cover with our free health insurance cover calculator, and review it every year, because medical costs rise faster than most prices.

Question 4

How many months of emergency funds should I maintain?

Accepted Answer

Financial resilience guidelines recommend maintaining between 6 to 12 months of mandatory committed fixed outflows (including house rent, EMIs, utility bills, school fees, and insurance premiums) in liquid, accessible instruments like high-yield savings accounts, sweep-in FDs, or liquid mutual funds.

Question 5

How does inflation affect my retirement corpus requirement?

Accepted Answer

At a 6-7% average annual inflation rate, your monthly living expenses double every 10-12 years. If your family currently spends ₹60,000 per month, in 20 years you will need approximately ₹1,90,000 to ₹2,20,000 per month to maintain the exact same lifestyle, making early equity SIP investing and dynamic corpus tracking essential.

Map My Risk: know your family's financial risks

Calculators

Guides