A Torch should be required to be in someone's hand, or in a wall-mounted holder.
If you want a hands-free option for light, it should probably be a light spell of some kind coming out of a ring or a bracelet or necklace or something (or, in a non-fantasy setting, some sort of lantern or glow-stick hanging off the person's belt or a chest harness, or a miner's helmet with a lamp light).
Alternative bonus points for something that can float along behind you as a sort of hovering light.