Personal Guarantee Insurance (PGI) is a specialist insurance policy designed to protect business owners and company directors from personal financial loss if their company defaults on a loan secured with a personal guarantee.
A personal guarantee is a legal commitment that makes an individual (usually a director) personally liable for a company’s debt if the business cannot repay it. Personal guarantee insurance covers a percentage of this liability, reducing financial risk.
✔ Company Directors & Business Owners – Those who have signed personal guarantees for business loans.
✔ Startups & SMEs – Businesses securing loans, overdrafts, or funding facilities.
✔ Landlords & Property Investors – Those who have taken commercial property loans requiring a personal guarantee.
✔ Franchise Owners – Individuals financing a franchise business.
