Do you have a client who is:
- In a business or investment partnership that requires a bank loan?
- A business owner with significant personal assets?
- A commercial real estate investor?
Don't let your client's financial stability be determined by a bank. Secure their finances and preserve their dreams with Personal Guarantee Insurance (PGI) through Burns & Wilcox.
What is Personal Guarantee Insurance?
PGI is a new product available through Burns & Wilcox offering coverage for a business owner's or guarantor's personal liability. With PGI, business owners will have peace of mind, because if their underlying business is unable to repay its bank loan, they're still covered.
How does it work?
PGI protects the personal assets of small and medium sized business owners and commercial real estate investors. If, after liquidating business assets, the lender seeks personal assets to repay the balance of the loan, PGI will cover 30 - 70 percent of the insured's net liability (depending on the coverage selected and the terms of the policy).
Pair your clients with PGI through Burns & Wilcox today, because you can't put a price on peace of mind.
Personal Guarantee Insurance is available in all states.