Yes, there are no exam life insurance policies for people over 65 years old.
You may be able to choose from permanent life, term life or guaranteed issue life insurance without an exam if you are over sixty five years old.
However, the cheapest policies will be term life, since they are temporary and build no cash value; whereas, guaranteed issue life insurance policies will cost the most, because they guarantee your approval for coverage.
Here's how to get over 65 life insurance with no medical exams.