Seeking feedback: Personal guarantee insurance

professional profile

January 25, 2024

by a professional in Nashville, TN, USA

Hi there,

I'd love to hear reactions from searchers and other acquirers on an insurance policy tied to a personal guarantee. The general concept is an annual premium that is 3-5% of the total PG amount. Would an offering of this nature be of interest? Why or why not?

0
3
63
Replies
3
commentor profile
Reply by a searcher
from The University of Chicago in Nashville, TN, USA
Really interesting concept as a searcher, there may be margin between SBA and conventional loans to make it work for both sides. I would just worry about the self selection bias if I was the lender.
commentor profile
Reply by a searcher
from University of Colorado at Boulder in Denver, CO, USA
I'd certainly be interested in such a policy!
commentor profile
+1 more reply.
Join the discussion