PCIC and DAR awarded P10 Million worth of agricultural insurance to 4,189 beneficiaries of the Agrarian Reform Communities from the 17 municipalities of the Province of Aklan during the First Aklan Regional Consultative Conference on Development on August 8, 2013.
The project is under the PCIC-DAR Agricultural Insurance Program in partnership with the Provincial Government of Aklan. The project is estimated to provide agricultural insurance coverage to 3,498 hectares of palay, 280 hectares of corn and 410 hectares of abaca. Total amount of insurance cover is P90 Million. The Agrarian Reform Beneficiaries and their household members will also be covered by Accident and Dismemberment Insurance for one year.
During the ceremony, PCIC President Jovy C. Bernabe handed to Cong. Teodirico T. Haresco, Gov. Florencio T. Miraflores and DAR-PARO Eberardo N. Erispe the Certificates of Insurance Cover. Dir. Larry P. Nacionales of DA-RFO 6, LWUA Chairman Rene Villa and Vice-Gov. Billie Calizo-Quimpo witnessed the awarding ceremony.
In attendance also during the event were regional heads of various national government agencies, LGU officials, business sector and local media.