A personal or parent company guarantee of a customer’s or tenant’s obligations, with an indemnity, a financial limit, continuing security and clear protections – drafted to be signed as a deed.
Contracts & terms
Deed of Guarantee and Indemnity
About this document
When you give credit to a limited company, the company alone is responsible for paying. A guarantee from a director, owner or parent company gives you a second person to recover from if the company does not pay. This deed contains both a guarantee (a promise to pay if the customer does not) and an indemnity (a separate promise to cover your losses), which gives better protection if the main contract turns out to be unenforceable.
The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.
Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.
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Contracts & terms
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Guidance notes in every document
Written for UK businesses
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