PG Insurance
Protect your personal assets when you sign a personal guarantee.
Overview
What is pg insurance?
Personal Guarantee Insurance covers directors and business owners if a lender calls in a personal guarantee. It reduces the financial risk of securing business borrowing.
When you take out business finance, lenders often require a director's personal guarantee. PG Insurance pays a percentage of the called-in guarantee — typically 60–80% — protecting your home, savings and personal assets.
Best for
- Directors signing personal guarantees for business loans
- Business owners with significant personal exposure
- Companies seeking to de-risk director liabilities
- Firms with multiple directors sharing guarantee risk
In practice
Typical scenarios we fund
A director insuring a £250k personal guarantee on an unsecured business loan.
A multi-director firm splitting and insuring each director's guarantee exposure.
An owner protecting the family home after signing a guarantee to fund expansion.
FAQs
Common questions
What percentage is covered?+
Policies typically cover 60–80% of the called-in guarantee amount, depending on the insurer and risk assessment.
Does it cover existing guarantees?+
Most policies cover new guarantees, but some insurers can review existing ones. We'll check eligibility for your situation.
How is the premium calculated?+
Premiums depend on the guarantee amount, business health, director net worth and cover level. We compare quotes from specialist insurers.
Ready to explore pg insurance?
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