Pact to boost crop insurance protection
Subscribe Now March 04, 2013 at 07:40pm
The signing of the agreement was done as part of the Third Annual General Assembly and Congress of the Davao del Norte District 1 and District 2 Federation of Irrigators’ Associations, on February 19 in Tagum City.
Del Rosario said that the provincial government has allocated an initial P1.34 million as its premium contribution for some 2,000 hectares of rice lands currently planted for the dry season.
Under the agreement between the Insurance Corp. and Davao del Norte, additional rice and non-rice areas devoted to other PCIC-insurable crops will be insured under the same agreement in the future.
The province has 15,200 hectares dedicated to rice during the wet and dry seasons. farmers in the province are also engaged in livestock raising and aquaculture production.
As part of the agreement, the corporation will also train the agricultural officers and technicians in on agricultural insurance underwriting and claims adjustments and assist them to conduct an information campaign on the PCIC-Davao del Norte crop insurance program.
The agreement also provides that Davao del Norte shall allocate funds for the cost of insurance premium and provide technical assistance and training to city and municipal agricultural officers and technicians.
For their part, the city and municipal governments shall provide training and technical assistance to farmer cooperators and farmers.
During the event, the corporation issued crop insurance claims worth P4.37 million to 771 farmers, tilling some 1,800 hectares, and belonging to six Irrigators’ associations and farmers’ cooperatives in the province.
The farmers’ groups and their respective claims were: San Vicente Multi-Purpose Cooperative (P1,856,776.00); Duffamco (P1,068.556.); Sifia (P658,521.00); Ditcia 1 Irrigator’s association (P369,818.00); Durian Dacudao Irrigator’s association (P229,900.00); and Mabadia (P184,486.00).
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