Life insurance for a 65 year old may be affordable, or cost more than you might have expected, depending on your health. Many people put off purchasing their life insurance coverage until they are age 65.What they find is the cost is much higher than they may have expected. Most 65 year olds are no longer in excellent health so they will pay a rate higher than standard. However, you may want to compare rates among several of the leading life insurance carriers in order to find the most affordable life insurance policy.

Keep in mind, term life insurance cost a lot less than permanent life insurance, but it provides temporary coverage for a set period of time, usually 10, 15, 20 or 30 years.

Here's how to learn more about life insurance for seniors over 65 and compare instant rates online.

In addition, if you don't want to take a medical exam there are life insurance plans for seniors that do not require any health examination.