Philippines - 801 Aklan farmers get crop insurance claims
01.07.2019 288 views
A total of 801 farmers in the province were recipients of the P5.44- million drought crop insurance indemnity program of the Philippine Crop Insurance Corporation (PCIC).
PCIC said each farmers-beneficiaries affected by the El Niño phenomenon in the province received around P8,000 to P9,000 per hectare.
The recipients submitted their crop insurance application claims from January to May 2019.
The insurance compensation, according to the PCIC, will help farmers recover their investments on farm lands damaged drought.
The PCIC extension office-Aklan also urged farmers to file indemnity claims and enroll in the Registry System for Basic Sector in Agriculture (RSBSA).
RSBSA ensures farmers and fishermen of insurance coverage with the effects of El Niño in the province. Enrolled farmers and fishermen are allowed to claim indemnity insurance based on percentage of validated losses on production crops and farm input cost.
Last June 25, the Provincial Agriculture’s Office conducted orientation on Survival and Recovery Loan Assistance Program to around 500 farmers affected by temporary closure of irrigation facilities of Aklan River Irrigation System.
The Department of Agriculture’s attached agency is currently enlisting more farmers and groups into their insurance term packages to cover crop and livestock losses.
Source - https://www.panaynews.net
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