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The phrase "are guaranteeing" is correct and usable in written English.
It can be used when expressing a commitment or assurance regarding a future action or outcome.
Example: "We are guaranteeing the quality of our products for a full year after purchase."
Alternatives: "are assuring" or "are promising".
Dictionary
Exact(52)
They are guaranteeing the issuance of new debt.
We are guaranteeing security at the lowest cost for consumers.
They are guaranteeing far more retail deposits than before the crisis.
Iraqi leaders may be slow to show us the door if we are guaranteeing their security.
The parents will find remortgaging or arranging other finance much more onerous while they are guaranteeing another loan.
Sotheby's only pays financing fees to guarantors who ultimately do not purchase the works they are guaranteeing.
Similar(8)
Results are guaranteed.
So fireworks are guaranteed.
Certain responses are guaranteed.
Surprises are guaranteed.
"My results are guaranteed.
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CEO of Professional Science Editing for Scientists @ prosciediting.com