08/23/2026
If you owe $120,000 on the truck and something happens to you, that debt doesn't disappear. It lands on your family — often along with the loss of the income that was paying it.
A term policy sized to the truck loan plus a few years of income means the family can keep the truck and keep it earning, or sell it clean and walk away without the debt.
Match the coverage to the loan and the years your family would need to land on their feet. That's the whole calculation.