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Personal Guarantee Insurance.

Protecting your most valuable personal assets...

Safeguarding your most valued personal assets.

When raising finance to fund a law firm’s operations and growth, the firm’s owners are often required to grant security to the lender in the form of personal guarantees. This means that if the firm fails to generate sufficient revenue to repay the loan (or worse, the firm fails), the lender could pursue each owner in their individual capacity to recover the debt. In other words, by signing a personal guarantee, the owners are placing their personal assets at risk, including their homes.

In most cases, signing a personal guarantee is an unavoidable step towards securing business finance. Thankfully, there is now an insurance product designed to protect owners’ personal assets should the firm’s financial stability falter.

Personal Guarantee Insurance is an annual insurance policy that provides guarantors (typically a firm’s owners) with cover in the event that the firm’s lender calls on its personal guarantee following a firm defaulting on its debt obligations.


We can help you to access, evaluate and implement Personal Guarantee Insurance that aligns with your firm’s financial circumstances and your personal attitude to risk.

Unlimited access to Business Support Services; a group of specialist advisors who are at your side should your business need support.

Securing viable insurance policies: including accessing competitive premiums from a leading specialist provider.

Full quotation in minutes using our online quote and buy system or via telephone with one of our specialist advisors.

Sourcing cover for commercial loans: including cover for personal guarantees given in respect of secured loans.

Insurance policy insured by Markel International, an A-rated leading insurer.

Sourcing cover for guarantees: including existing personal guarantees, multiple personal guarantees, and guarantees provided by multiple guarantors.

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"Personal Guarantee Insurance (PGI) can reduce stress levels by providing comfort to individuals that their most valued assets are protected."

Paul McCluskey, Managing Director

Gemstone Legal Limited does not provide advice or services in this area of insurance and is a registered introducer of Purbeck UK Limited (trading as Purbeck Insurance Services). Purbeck UK Limited is a company registered in England and Wales with company number 10345620 and has its registered office at 20 – 22 Wenlock Road, London, N1 7GU. Purbeck UK Limited is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 756820.

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