Farmers life insurance policies offer a wide range of coverage options, customized payment payment plans, as well as low rates and deductibles. The two main types of life insurance offered by Farmers are ‘term’ and ‘permanent’ insurance. The difference between the two is that term life insurance is for a specific period of time, whereas permanent life insurance is more flexible and offers a more comprehensive type of coverage. Life insurance quotes are available for free on the Farmers website. Quotes can also be obtained over the phone or in-person by visiting a local branch office.