Personal Guarantee Insurance - Search Fund Community

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01/04/2021 Redacted Redacted

searcher Carleton University

PERSONAL GUARANTEE INSURANCE

A few times in the past I've heard mention of personal guarantee insurance. This way, if you need to sign a PG for an acquisition loan, the insurer will bear this risk and your personal assets are protected. Does anyone know if this actually exists, or if it's just wishful thinking?

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searcher University of California, Berkeley - Haas School of Business Carson-Newman College - 01/04/2021

There was another thread on this a couple of months ago. The bottom line is that a PG insurance product existed a couple of years ago, but is no longer available in the US market.

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searcher Carleton University - 01/05/2021

Thanks, Thomas! That makes sense.

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searcher Trinity Western University - 01/04/2021

I was looking into this as well, it seems like the only place I could find it was in the UK? I was looking for something in Canada.

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searcher Carleton University - 01/05/2021

If you find something in Canada, I'd be interested to hear about it!

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searcher University of Guelph - 01/05/2021

This is a pretty interesting concept, kind of like buying a credit default swap on yourself. Let me know if you find anything interesting Matthew.

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