Our Customers rate us 4.6 out of 5
Professional key person insurance advisors.
Your people are an asset. Protect the most important members of your team with the help of our experienced key person insurance advisors.
Your home may be repossessed if you do not keep up repayments on your mortgage. When The Bank Says No is a mortgage broker, and not a lender.
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Bridging Finance Brokers
When you need to bridge a gap in your finances, we are there to find suitable finance options for you.
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Bad Credit Mortgages
When your credit record isn’t the best and you’re struggling to find a lender, we can step in so you don’t miss out on your dream home.
Buy-To-Let
Need help navigating buy-to-let mortgages? With our help we’ll make it easier than you think, even if you have bad credit.
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Remortgaging
Remortgaging doesn’t have to be tricky, whether you are looking to remortgage to consolidate debt, buy another property or finance home improvements.
Finding The Best Key Person Insurance for Businesses Deal For Your Circumstances
Many businesses have a critical member of their team who is integral to their success and day-to-day operations. This individual is highly valuable, and may threaten the future of the company if they had an accident, became seriously ill, or passed away. If you lose a vital person, you need to have the peace of mind that your future success is protected. Whether you’ve been rejected by an insurance provider or are just concerned about getting the right cover, our team of qualified insurance advisors will help you assess your options and make a suitable choice.
Safeguarding your success.
Having an employee you can rely on is great. However, it can also make your business’ continuity dependant on this person. If you’re worried about how you would manage in the event of an employee’s death or illness, we can help you get the cover you need to keep going. Business insurance can be complicated, but we’re here to keep things simple and find you the most suitable deal. You can trust our team to deliver.
Let's get the ball rolling.
We can support you and help you to make yourself as attractive to banks as possible, ready for your next application!
Check your credit file.
In order for us to assess your credit history and suitability for different mortgage products, you will need to check your file.
What is key person insurance?
Key person insurance, or key man insurance as it is sometimes known, is a business insurance product that protects companies from the loss or illness of an important individual within the organisation. These policies are taken out on individuals who are integral to the financial stability of the company, and whose illness or death would lead to substantial losses. If the worst does happen, key person insurance will pay out a sum of money to the business calculated based on earnings, enabling the business to weather the storm, maintain cashflow and cover the cost of hiring and training a replacement.
What can key person cover be used for?
Key person cover is used to compensate for losses and disruption in the event that a critical company breadwinner becomes ill or dies. It can be used to hire and train a replacement, repay debts like company mortgages or cover the cost of winding up the business. If you think your people and profits need protecting, our friendly team can help you identify the business insurance policy best suited to your situation. Contact us today!
Turning Your Nightmares Into Dreams
When you think you’ve hit that brick wall and have all but given up hope of finding mortgage finance, When the Bank Says No are here to turn your ‘No’ into a ‘Yes’. We have access to a range of specialist lenders who are willing to help those that the High Street banks just won’t touch. Get in touch today and see how we can turn your dreams into a reality.
What types of key person cover are there?
Key person cover can come in the form of life cover, critical illness cover or income protection. The right policy for your business will depend on your particular requirements, but generally opting for a policy that provides the broadest cover is a sensible idea. If you’re not sure what level of cover your business needs and want to make sure you’re not paying unnecessarily high premiums, talk to our experienced team! We’ll seek out the most appropriate product for your company and help you assess all the ins and outs of the policy. Don’t leave the ongoing success of your business to chance!
Can I get key person policy if the key person has medical issues?
Yes, most of the time it’s possible to find an insurer who will offer you a policy even if your key person has existing illnesses. In this scenario, getting a good deal depends on having qualified, trusted advice, so be sure to speak to When the Bank Says No before proceeding. Our expert team will be able to connect you to specialist insurers who understand your circumstances, and take the stress out of the entire process.
Frequently Asked Questions
Is it possible to get key person cover if I’ve been declined by other insurers?
Is key person insurance tax deductible?
Qualified advice for key person insurance.
When the Bank Says No has helped business’ all over the UK continue with their operations even when they have lost a key and critical member of their team. If you’re a business owner, our team of qualified insurance advisors can help you identify the most appropriate product for your needs. Even if your current circumstances or employee health history demands a specialist insurer, we can help you access policies that are trickier to find and apply for.
What Our customers say about us
Our Customers rank us 4.6 out of 5
We feel so fortunate to have found WTBSN
We found WTBSN after landing in a really tricky situation. We were out of term on our current mortgage and our existing broker had exhausted all options to re-mortgage due to the complex nature of our holiday let property (Grade II listed, timber frame construction and above commercial). Working under considerable time pressure due to the financial penalties being imposed by the existing lender, Brian was relentless in his search for a solution that would allow us to refinance a property that was on face value mortgageable. Thankfully, he didn’t give up and nine months later, we completed on the re-finance. We feel so fortunate to have found WTBSN and would like to thank Brian and the team sincerely for going the extra mile. We couldn’t have done it without you!
Rachel Reeves
Simply the best
I will never use another mortgage broker in all my time In property, these guys are the best at communication, customer service and keeping you informed. They are a level above every other broker I’ve come across and they actually get things done.
Emma, Samantha & Ashley have been fantastic in assisting me with 2 mortgages now and they’re superb at what they do. I wouldn’t hesitate to reccommend them to anybody out there who needs a mortgage sorting.
John Burton
I have been dealing with ben
I have been dealing with Ben @ When The Bank Says No. He has been great!! Professional, kept us up to date the whole way and made the entire process so simple. I would most definitely use him again and have already passed his details on to a family member. Thank you for all your help.
Elise
Thank you for your amazing support
Thank you for your amazing support and service during a really difficult time in my life. 5* is just not enough to demonstrate the level of support received. These guys go above and beyond. A personal service, with kindness and compassion. I highly recommend. If you’re struggling with your mortgage, then have a chat to this team. I cannot thank them enough for everything they have done.
Nabila Fowles-Gutierrez
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