PCIC has signed a memorandum of agreement (MOA) with the Philippine Rice Research Institute (PhilRice) and the International Rice Research Institute (IRRI) for the development of an innovative rice insurance product that would add to the current array of insurance products available to farmers and enable faster payment for farmer losses. The collaboration aims to continue reading : PCIC, IRRI, & PhilRice ink landmark agreement boosting rice insurance
PCIC opens new extension office in Negros Occidental
To make services more accessible to Negros Occidental farmers and fisherfolk, the PCIC transferred its extension office in Bacolod City. From its previous location along San Juan St., it is now located at the corner of Galo and Locsin Streets, at the heart of Bacolod City. Aside from being more accessible, PCIC offices are now continue reading : PCIC opens new extension office in Negros Occidental
PCIC cited for disbursing 100% of 2023 coconut fund allocation
State insurer Philippine Crop Insurance Corporation (PCIC) received a commendation for turning in a 100% fund disbursement rate in 2023 among agencies implementing the Coconut Farmers and Industry Development Program (CFIDP). This singular feat was acknowledged by the CFIDP Program Management that issued a Certificate of Commendation to the Corporation on October 2, 2023 during continue reading : PCIC cited for disbursing 100% of 2023 coconut fund allocation
PCIC RO 10 urges coconut farmers to get free insurance
PCIC Regional Office 10 discussed the features of the coconut insurance program that forms part of the Coconut Farmers and Industry Development Program led by the DA-Philippine Coconut Authority in a local radio broadcast in the region. PCIC RO 10’s insurance underwriter Jean Madelo answered queries on the coconut insurance in an interview aired over continue reading : PCIC RO 10 urges coconut farmers to get free insurance
PCIC RO 1 pays Benguet farmers ₱2.2 Million for damage to crops
Four hundred forty-five (445) rice and high value crop farmers in Benguet received on August 16, 2023 indemnity checks from PCIC Regional Office 1. The recipients were insured farmers from the town of Kabayan whose crops were damaged by pests and diseases. PCIC RO 1 Regional Manager Raul Servito, who led his team in releasing continue reading : PCIC RO 1 pays Benguet farmers ₱2.2 Million for damage to crops
Mangatarem LGU, PCIC partner to provide life insurance for marginalized farmers and fisherfolk
Mangatarem Pangasinan Mayor Ramil Ventenilla (left) and PCIC Regional Office 1 Manager Raul Servito signed a Memorandum of Agreement on August 14, 2023 setting the mechanism for insuring the life of Mangatarem’s farmers and fisherfolk under the PCIC’s Accident and Dismemberment Security Scheme (ADSS). Under the MOA, the municipal government will provide subsidy for the continue reading : Mangatarem LGU, PCIC partner to provide life insurance for marginalized farmers and fisherfolk
PCIC distributes over ₱ 0.12 M indemnity to Iloilo onion farmers, livestock raisers
PCIC Regional Office 6 Insurance Underwriters Glenn Carbon and Hannah Sabio and Teller 1 Lourie Mae Abordaje released indemnity checks on July 20, 2023 in Igbaras, Iloilo. The insurance payout was prompted by damage caused by Anthracnose, a group of diseases caused by fungi and marked by dark lesions on onion leaves, and African Swine continue reading : PCIC distributes over ₱ 0.12 M indemnity to Iloilo onion farmers, livestock raisers
Kabayan LGU agrees to provide subsidy for accident and life insurance of marginalized farmers and fisherfolk
PCIC RO1 representatives pose with Kabayan, Benguet Mayor Engr. Florante Bantales Jr. (fourth from left) after a PCIC-LGU insurance arrangement was formalized through a memorandum of agreeement. The PCIC staff are, from left,. Lanz Garcia and Fermin Lapeña and RO 1 Manager Raul Servito from RO1, and PEO Buguias Supervisor Flora Urban with staff Kezia continue reading : Kabayan LGU agrees to provide subsidy for accident and life insurance of marginalized farmers and fisherfolk
PCIC compensates insured hog raisers and fisherfolk in Estancia, Iloilo
Hog raisers whose stocks were affected by African Swine Fever (ASF) and fisherfolk whose boats were damaged by a squall in Estancia, Iloilo have been compensated to the tune of some Php 1.3 Million under the insuance program of the Philippine Crop Insurance Corporation. The 33 insurance beneficiaries received their indemnity checks on August 3, continue reading : PCIC compensates insured hog raisers and fisherfolk in Estancia, Iloilo