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Unconditionally Guaranteed is the eighth LP by Captain Beefheart and the Magic Band, originally released in 1974. It was recorded at Hollywood Sound, Los Angeles.

Upon release it was criticised for being too commercial; even so, it failed to give Beefheart any real chart success, peaking at #192 on the Billboard Top 200.

Immediately after recording of the album the entire Magic Band quit – as biographer Mike Barnes has stated, "[beefheart] was in effect sacked by his own group."[5] They had become increasingly disenchanted with the lack of financial success, having subsisted on food stamps and donations from their parents, and with Beefheart's tyrannical control over the group. In the words of guitarist Bill Harkleroad "we had had enough of him treating us like punching bags."[6]

The album's lackluster and unchallenging music was the last straw. Drummer Art Tripp recalled, "When the band finally got our album copies, we were horrified. As we listened, it was as though each song was worse than the one which preceded it."