Property & Construction Newsletter

Safeguarding Your Construction Business with Key Person Insurance

It’s often said that a business’s greatest asset is its people, and in almost every construction company there will be a number of individuals without whom it would be difficult for the business to succeed. These could be people who are creatively, technically or strategically vital to the day-to-day operations. Without their knowledge and skills the business would possibly lose construction contracts, see a fall in profits, and find it difficult to meet loan repayments. In this article, Tim Bell, Business Protection Consultant, explores the benefits of key person insurance and present a case study illustrating how it has positively impacted a construction business.

8 | SCRUTTON BLAND | P R O P E R T Y A N D CONSTRUCTION

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