Personal Guarantee Insurance

Funding solutions for SMEs

Personal Guarantee Insurance

Personal Guarantee Insurance (PGI) provides insurance for individuals (usually Directors) who have given a Personal Guarantee to a lender in respect of the borrowings of the Limited Company.

The insurance policy indemnifies the individual (Director) in the event that the Limited Company becomes insolvent and the personal guarantee is called upon by the lender (usually where the Limited Company is unable to pay back its borrowings).

PGI is available against a number of Limited Company borrowings:

  • Invoice finance
  • Asset based lending
  • Commercial finance
  • Other secured borrowings
  • Unsecured borrowings
  • Peer-to-peer loans

How it works:

The level of cover is based on a fixed percentage of the Personal Guarantee you wish to insure and this increases for each year the policy is in place:

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

Contact us below to request more info

All personal information submitted herein are processed in accordance with UK data protection legislation.
All feasible security measures are in place.

How to get a quote:

SME funding UK have partnered with Purbeck Insurance Services, a trading name of Purbeck UK Limited who exclusively offer Personal Guarantee Insurance (PGI) on behalf of Markel International, an A-Rated Fortune 500 insurance company.

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

The annual premium is calculated based on the applicant 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, We do not offer advice or services in this area of Insurance.

Contact us today

Let us reduce the risk and save you time and money sourcing funding for your business!

SME funding UK Ltd is authorised and regulated by the Financial Conduct Authority (772970) and we are a Member of the National Association of Finance Brokers (M/0122/16)

We are also registered with the Information Commissioner’s Office (ZA209808)

Please note SME funding UK Ltd are brokers and not a direct lender.