Agri insurance coverage pushedAN INSURANCE coverage on agricultural products is being pushed to mitigate the effects of natural disasters and other agricultural risks. As per House Bill 3758, “crop insurance is a risk management tool designed to ease property and production losses of subsistence farmers and fisher folks. It also serves as a financial mechanism to stabilize financial fluctuations suffered by lending institutions.” Have something to report? Tell us in text, photos or videos. The proposed measure underscores the need to develop and support an agricultural insurance program as a mechanism for managing risks inherent to both the agricultural and fisheries sectors.

http://www.sunstar.com.ph/bacolod/business/2011/05/12/agri-insurance-coverage-pushed-155009