Over 50s refused finance and insurance because of their age

As I edge up my 40s, I’m fast becoming aware that getting older isn’t much fun. Whether it’s squinting at the small print in books or complaining about my gammy knee, I’m all about the pity party these days. Which is why I do not relish the prospect of my 50s and 60s. What’s in store, artificial hips and bifocals? What I do know is this: financial companies are likely to give me the cold shoulder. New research out today reveals that one in five over 50s are refused finance and insurance because of their age. As part of its Welcome to Life After 50 campaign, SunLife has conducted The Big 50. According to the insurer, this is the largest ever survey of people in their 50s, 60s and 70s. The results make for grim reading. Since turning 50 years old, 21 per cent of people believe they have experienced age discrimination when trying to take out insurance.