Liam is 38 years old and is married to Debbie and they have two children, Robbie (aged 5) and Sarah (aged 3). They both work in professional jobs. They have a home loan of $400,000 and personal loans of $40,000. Liam has $130,000 in his retirement savings account (superannuation) and they also have some share investments worth $110,000. If Liam dies, he would like to provide Debble with an additional $70,000 per year in income to help with living expenses and educatibn fees. How much death cover should Liam have based on this principles covered in this course. Your answer should be to the nearest dollar. Do not round your answer to the nearest $100,000