Personal Guarantee Insurance (PGI) For UK Businesses

For secured loans:

80% cover from year one onwards

For unsecured loans:

Year 1: 60%
Year 2: 70%
Year 3 onwards: 80%

This co-insurance approach ensures Directors retain a degree of responsibility, while significantly reducing personal financial exposure.

Liquid Corporate Finance has partnered with Purbeck Insurance Services, a specialist provider of Personal Guarantee Insurance.

Please note: You will be redirected to Purbeck’s website to obtain a quote or purchase cover. Liquid Corporate Finance does not provide advice on this insurance product.

• Up to £400,000 per policy for secured loans
• Up to £300,000 per policy for unsecured loans
• Policy Flexibility
• Renewal
• Renewal invitations are issued 30 days before expiry
• Details are reviewed and updated annually
• Premium rates typically remain consistent, subject to underwriting
• Cover can be adjusted to reflect changes in loan balances
• Mid-term Adjustments

Policies can be amended at any time without admin fees. Common updates include:

• Changes to Directors or business details
• Amendments to loan terms or lenders
• Adjustments to guarantee amounts
• Multiple Directors & Guarantees
• Up to five Directors can be covered under a single policy
• Each Director must complete a declaration
• All insured Directors are eligible to claim
• No additional cost for including multiple Directors

You can also:

• Insure multiple guarantees under one policy for a single business
• Hold separate policies for different businesses or guarantees
• Eligibility
• Businesses must be registered in the UK
• Overseas operations are permitted if the business is UK-incorporated
• Directors can be based in the UK or abroad