Best Life Insurance for Truck Drivers (2026)

The best life insurance for a truck driver depends on what you're protecting and how long you need the coverage. For long level term that can outlast a truck note and a mortgage, Protective and Banner Life both publish terms of up to 40 years. If you want to skip the medical exam, Transamerica says qualifying applicants can get up to $2 million without one. Corebridge Direct fits drivers who want living benefits if a serious illness takes them off the road, and Gerber Life fits drivers aged 50 to 80 who can't pass health questions.

We're a matching service, not an insurer; licensed agents we connect you with may offer policies from some of these companies. See how we review companies.

How did we choose these companies?

We compared 6 companies that sell individual life insurance to adults, using only what each company, its rating agencies and the NAIC publish. For each one we looked at:

• Fit for drivers: term lengths long enough to cover truck and home loans, and coverage you keep no matter which carrier you drive for.
• Features that matter on the road: conversion options, accelerated death benefits (living benefits), waiver of premium, and whether you can skip a medical exam.
• Issue ages and coverage limits: as each company publishes them.
• Financial strength: AM Best, S&P, Moody's or Fitch ratings, with dates.
• Complaints: the 2025 individual life complaint index from the NAIC Consumer Insurance Search, data as of September 29, 2026.

We don't give star ratings or scores, and no company paid to be included. None of these companies publish how they rate truck drivers, so we don't claim that any of them is easier on drivers. Underwriting varies and is decided when you apply. The full criteria are on our methodology page.

How do the 6 companies compare?

This table uses each company's published terms. Ratings are financial strength opinions, not reviews of customer service.

An index of 1.00 means a company got the share of complaints you'd expect for its size. Above 1.00 means more complaints than expected, below means fewer.

Protective: long term lengths and a terminal illness benefit

Protective is a strong option for owner-operators who need coverage to outlast several big debts. Its Classic Choice term page lists term lengths of 10, 15, 20, 25, 30, 35 and 40 years, issue ages 18 to 75, and death benefits from $100,000 to $5,000,000.

The same page lists riders that matter to drivers: a conversion rider to move to permanent coverage, a terminal illness accelerated death benefit that pays up to 60% of the death benefit if you're expected to live 6 months or less, a waiver of premium rider if you become disabled, and an accidental death benefit rider. Protective's ratings page, current as of June 30, 2026, lists Protective Life Insurance Company at AM Best A+, S&P AA-, Fitch AA- and Moody's Aa3.

Caution: the $100,000 minimum is higher than some drivers need, and riders cost extra and can vary by state.

Banner Life: up to 40 years of term

Banner Life, part of Legal & General America, is another strong option for long level term. Its term life page says it's one of the few carriers offering up to 40 years of term, covers ages 20 to 75, and lets you renew or convert to a permanent policy. It also describes adding term riders to "stack" coverage, so you can carry more while the kids are young or the truck is financed.

Legal & General America's financial strength page lists an AM Best rating of A (Excellent). Banner Life's 2025 individual life complaint index was 0.52 on the NAIC search, below the baseline.

Caution: New York residents are covered by a sister company, William Penn, and terms there can differ.

Transamerica: up to $2 million without a medical exam

Transamerica suits drivers who can't easily schedule an exam around their loads. Its term life page describes Trendsetter Super, with coverage up to $10 million or more, including up to $2 million without a medical exam for qualifying applicants, and an option to convert to permanent coverage without another exam. Trendsetter LB adds living benefits if you're diagnosed with a qualifying illness, with coverage up to $2 million and no exam for qualifying applicants.

Transamerica Life Insurance Company lists an AM Best rating of A via a February 13, 2026 report on its financial strength page.

Caution: its 2025 individual life complaint index was 4.48, based on 321 complaints, well above the 1.00 baseline. Weigh that alongside the no-exam limits.

Corebridge Direct: living benefits if illness takes you off the road

For a driver, a serious illness can end your income before it ends your life. Corebridge Direct's Quality of Life page describes accelerated benefit riders that let the owner receive part of the death benefit during the insured's lifetime for a certified chronic, critical or terminal illness. It gives examples of critical illnesses, including major heart attack, stroke, invasive cancer and paralysis. Terminal illness means a physician expects death within 24 months.

Corebridge's ratings page, updated April 8, 2026, lists American General Life Insurance Company at S&P A+, Moody's A2, AM Best A and Fitch A+. The same page shows AM Best's rating under review and S&P's on CreditWatch Negative.

Caution: the Quality of Life page describes these riders on term and universal life policies from American General Life, whose 2025 individual life complaint index was 2.84, above the baseline. Ask which company issues your policy and how much of the benefit each rider can pay. Our guide to living benefits for truck drivers explains how these riders work.

Mutual of Omaha: term you can convert later

Mutual of Omaha fits drivers who want term now and the option of lifelong coverage later. Its term life page, underwritten by United of Omaha Life Insurance Company, says premiums never increase during the term and that you can convert to a permanent plan. The company also sells whole life and universal life.

Mutual of Omaha's financial strength page lists United of Omaha at S&P A+, Moody's A1 and AM Best A+. United of Omaha's 2025 individual life complaint index was 0.78, below the baseline.

Caution: its public term page doesn't list term lengths, issue ages or coverage limits, so ask the agent for them in writing.

Gerber Life: guaranteed acceptance for drivers 50 to 80

If a heart condition, diabetes or another health problem has made you hard to insure, a guaranteed acceptance policy can be a fallback. Gerber Life Guaranteed Life is whole life for ages 50 to 80 (50 to 75 in New York), with $5,000 to $25,000 of coverage, guaranteed regardless of health, with no medical exam or lengthy health questionnaire. Gerber's about page says AM Best rated it A+ (Superior), most recently in March 2025.

Caution: a death from anything other than an accident in the first two years pays 110% of earned premiums, not the full benefit. The $25,000 cap is too small to replace a driver's income. Its 2025 individual life complaint index was 1.70. See guaranteed issue life insurance for how these plans work.

How should truck drivers compare quotes?

Compare the same coverage amount and term length from several insurers, and be ready to answer questions about your job.

1. Describe your job exactly. Tell the agent whether you drive long-haul, regional or local, whether you're a company driver or an owner-operator, and whether you haul hazardous materials. Insurers use their own rules for each.
2. Have your records ready. Insurers may review your driving record, prescription history and medical records. Our guide to DOT medical conditions and life insurance covers sleep apnea, blood pressure and diabetes.
3. Match the term to your debts. Count your truck note, your mortgage and the years your family needs your income. The life insurance calculator can help.
4. Ask about riders. Conversion, waiver of premium and accelerated death benefits matter more when your income depends on passing a DOT physical.
5. Don't rely only on carrier coverage. Group life usually ends when you leave. See what happens to your life insurance if you stop driving.
6. Look up the issuing company. Search its exact legal name on the NAIC Consumer Insurance Search.

For the basics of coverage for drivers, read our life insurance guide for truck drivers or browse the truck drivers hub.