Taxi and Uber driver life insurance [2025 guide]

Q: What life insurance is best for taxi and Uber drivers?

The best life insurance will be a policy that protects what you need it to at an affordable price. There are a variety of life insurance options available to taxi drivers: Level term life insurance – level term life insurance provides you with cover for a set term, for example up to 40 years. If you pass away during this time, a pay out is made to your loved ones. Your cover amount remains the same throughout the policy term. Decreasing term life insurance – decreasing term life insurance provides you with cover for a set term. If you pass away during this time a pay out is made to your loved ones. Your cover amount will reduce throughout the policy term, usually in line with a repayment mortgage. Whole of life insurance – whole of life insurance provides you with cover for the rest of your life, paying out when you pass away (not if). As your cover lasts for life, it tends to be more expensive than the options listed above. Over 50s life insurance – over 50s life insurance (also known as an over 50s plan) offers guaranteed acceptance to UK residents aged 50 – 85, without any medical questions during the application process. Cover lasts for life and a pay out will be made when you pass away (after a 12 or 24 month waiting period has passed).

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Taxi and Uber driver life insurance

Can taxi drivers get life insurance?

Yes, it could be possible for taxi and Uber drivers to take out life insurance.

Generally, taxi drivers aren’t seen as having a high-risk occupation by insurers.

However, as taxi and Uber drivers spend long hours on the roads which could put them at a higher risk of having an accident, some insurers could see them as ‘high-risk’.

It will ultimately depend on the insurer and their underwriting process. This is why comparing quotes is an important step when getting life cover.

‘Taxi driver life insurance’ isn’t a specific policy type, it just refers to a life insurance policy that’s taken out by a taxi or Uber driver.

Whether you’re a public or private hire taxi driver, comparing quotes can help you to find the right policy for your personal circumstances.

Why not compare fee free quotes through Reassured?

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Why should taxi drivers consider life insurance?

Taxi drivers should consider life insurance as a way to protect their loves ones should the worst happen.

Particularly if you have dependents, life insurance can be extremely beneficial as it provides a lump sum payment after your passing.

The funds can be used to help cover essential living costs as well as larger expenses, such as:

Your mortgage
Household bills and utilities
Daily family living costs
Additional childcare costs
Unsettled debts
Funeral costs
An inheritance

As a taxi/Uber driver, you might benefit from some form of life cover through your employment, such as death in service.

Death in service pays out to your loved ones if you pass away while in employment, typically paying out a multiple of your salary.

Even if you receive this benefit through your work, it can still be a good idea to have your own personal policy to provide comprehensive cover. If you change careers or move to a new company that doesn’t offer death in service, you’ll no longer be covered.

How much life insurance do taxi drivers need?

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Does Uber provide life insurance?

Uber offers ‘partner protection insurance’ through Allianz Partners, which covers its employees for both on-trip accidents and off-trip life events.

What’s covered?

On-trip accidents – you’ll be covered from the moment you accept a request, all throughout the journey and for 15 minutes after your trip has been completed. All independent Uber partners are protected. You’ll be automatically covered when using the Uber app to complete your trips. Cover includes cover for medical costs, permanent disability, hospitalisation, injuries and death.
Off-trip life events – you’ll be covered even when you’re not providing transport or delivery trips using the Uber app. You must be an active Uber partner to be eligible for these benefits. You’ll be covered for some life events while you’re off-trip that could impact your ability to work. Cover includes inconvenience compensation for injuries and sickness as well as one-off payments for maternity/paternity and jury service.

Drivers won’t be charged for this cover and won’t need to apply, all eligible drivers will automatically be covered.

While this protection is a great work perk, it could still be beneficial to seek out your own life cover.

The amount paid out may not be enough to cover large expenses after your passing such as your mortgage and, if you stop working for Uber, you’ll no longer be covered.

What life insurance is best for taxi and Uber drivers?

The best life insurance will be a policy that protects what you need it to at an affordable price.

There are a variety of life insurance options available to taxi drivers:

Level term life insurance– level term life insurance provides you with cover for a set term, for example up to 40 years. If you pass away during this time, a pay out is made to your loved ones. Your cover amount remains the same throughout the policy term.
Decreasing term life insurance – decreasing term life insurance provides you with cover for a set term. If you pass away during this time a pay out is made to your loved ones. Your cover amount will reduce throughout the policy term, usually in line with a repayment mortgage.
Whole of life insurance – whole of life insurance provides you with cover for the rest of your life, paying out when you pass away (not if). As your cover lasts for life, it tends to be more expensive than the options listed above.
Over 50s life insurance – over 50s life insurance (also known as an over 50s plan) offers guaranteed acceptance to UK residents aged 50 – 85, without any medical questions during the application process. Cover lasts for life and a pay out will be made when you pass away (after a 12 or 24 month waiting period has passed).

Through Reassured you can compare all the policy options listed above. We can find you our best deals from our panel of insurers.

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How much is life insurance for taxi and Uber drivers?

The price you pay for life insurance as a taxi or Uber driver will depend on your personal circumstances.

Insurers take the following information into consideration during the application:

Age
Health
BMI
Smoking status
Lifestyle (hobbies and alcohol consumption)
Occupation
Policy information (policy type, length of cover, cover amount)

It could be possible to take out a policy with standard terms as a taxi driver (standard terms means there are no price increases or exclusions to your policy).

The example quotes below are for a level term life insurance policy with standard terms. Quotes are based on a non-smoker, in good health, for a policy with a 20 year term and £100,000 of cover.

Age
20	£3.50	£4.99	£5.00
25	£4.23	£4.99	£5.01
30	£5.25	£5.78	£6.01
35	£7.02	£7.53	£7.41
40	£10.01	£10.69	£10.11
45	£14.57	£15.36	£14.48
50	£23.73	£24.20	£21.60

If anything is flagged on your life insurance application as being ‘high-risk’ this could mean that you pay more for a policy. For example:

Being overweight or obese
Smoking
A pre-existing medical condition

What insurance do taxi drivers need?

Life insurance is just one of the many insurances that can be beneficial for taxi and Uber drivers.

Life is unpredictable so, for your own peace of mind, you might also want to consider:

Critical illness cover – critical illness cover can be added to a life insurance policy for an additional cost. It means you can make an early claim on your policy if you’re diagnosed with a specific serious illness.
Income protection– income protection pays out a percentage of your income while you’re unable to work due to illness or injury.