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Personal Guarantee Insurance

Reduce your personal liability whilst continuing to grow your business.

Personal Guarantee Insurance (PGI) provides insurance for Directors who have been required to sign a Personal Guarantee to a lender in support of a business loan facility.

The insurance policy indemnifies the individual (Director) in the event the business becomes insolvent and the personal guarantee is called upon by the lender.

PGI is available against a wide range of business loans, including:

  • Invoice finance
  • Asset based loans
  • Commercial mortgages
  • Other secured loans
  • Unsecured loans
  • Peer-to-peer loans
  • Property loans

How does it work?

The level of cover is based on a fixed percentage of the Personal Guarantee and depends on whether the Personal Guarantee is signed in support of a secured or unsecured loan.

For Personal Guarantees signed in support of secured loans:

  • Year one and thereafter: 80%

For Personal Guarantees signed in support of unsecured loans:

  • Year one: 60%
  • Year two: 70%
  • Year three and thereafter: 80%

How to get a quote:

Link: Get a quote  

XYZ Introducer have partnered with Purbeck Insurance Services, a Managing General Agent who provide Personal Guarantee Insurance (PGI).

By clicking the link above you will be transferred to the website of Purbeck Insurance Services.

The annual premium is calculated based on your individual circumstances and the individual requirements of the applicant. Successful applicants will have a choice to pay the premium upfront in full or via a monthly direct debit instalment facility.

Please note, XZY Introducer does not offer advice or services in this area of insurance.