Overview Personal Guarantee Insurance provides peace of mind for a Company Director, a Business Partner or an Individual where a Financial institution requires that they sign a Personal Guarantee in support of Business Finance. The insurance covers the Guarantors personal assets should the financier call upon the Personal Guarantee. How it works
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![]() Personal Guarantee insurance is available for Personal Guarantees provided by Company Directors, Business Partners and other Individuals who have or will be required to sign a Personal Guarantee. |
![]() Personal Guarantee Insurance is available for Personal Guarantees provided against a wide range of business loans. |
![]() A secured loan is where the Lender has taken a charge over company assets or has a contractual right of recover over a company asset that funds have been lent against in addition to the Personal Guarantee. Secured loans include:
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![]() An unsecured loan is where the Personal Guarantee and any associated charges over personal assets are the only security the Lender has taken. Unsecured loans include:
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![]() The Support Desk is staffed by experienced business advisors who are available to help you in order to support any financial issues your business faces. They are committed to working with you to ensure that your business continues to be successful. The Business Support Service may help by introducing you to specialists in:
The Business Support Service is available to you always, not just following a Notifiable Event. |
![]() We are at your side and here to help. Your business may at any time suffer from any one of a number of financial or trading difficulties. It is important that we are notified as soon as you become aware of any of these – we call these Notifiable Events. You need to read your policy carefully to ensure you are aware of all such situations, some examples of Notifiable Events include:
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![]() The annual renewal process is simple and straightforward, enabling you to focus on your business. By renewing your annual Personal Guarantee Insurance policy you will ensure that the cover remains in place across the duration of the financial commitments. 30 days prior to renewal, you will be provided with an email link to retrieve your application. You will be asked to confirm your original application details and apply for renewal. Please note, renewal of your policy will be subject to your circumstances at that time and the insurance may be subject to periodic change. ![]() Where the Personal Guarantee has been signed by two or more Directors “jointly & severally” we can include additional Directors on your Policy. |
![]() You will have the opportunity to review the Product Disclosure prior to purchasing Personal Guarantee Insurance. These documents set out the significant features, exclusion and important information relating to the Policy. Your full Policy Wording will be emailed to you once you have completed your application and the premium paid. ![]() We can include multiple guarantees on your Policy if you have two or more guarantees in place. ![]() We can make available subject to underwriting criteria Personal Guarantee Insurance on existing Personal Guarantees. |
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