Personal Guarantee Insurance

When you, as a business owner or director, sign a Personal Guarantee, you are essentially putting your personal assets on the line, most notably your home. If your business can no longer repay the loan you took out, you, and potentially your family, could suffer as a result. 

Personal Guarantee Insurance is a product designed to give you some confidence to grow the business through securing crucial finance and better protect your personal assets. There are many unforeseen circumstances that can have adverse effects on your business and your bottom line, from market downturns and key customers going out of business to suppliers failing in their duty and illness or absence of a key individual within the company.

The only provider at the moment is Purbeck Insurance and they can be contacted HERE

If you are already in distress it is unlikely you will be accepted for Personal Guarantee Insurance cover. It is also not appropriate nor available in all circumstances. There may be alternative methods to mitigate your Personal Guarantee liability so feel free to email us at pg@personalguarantee.co.uk or call us on 020 7754 3662 to discuss your requirements.

To find out more about Personal Guarantee and how it may help you, please contact us