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Bacolod City, PhilippinesThursday, June 7, 2012
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Over P2M in crop
insurance paid to farmers

The Philippine Crop Insurance Corp. in Western Visayas has paid P2,044,489.60 in claims to farmer-members of the Negros First Universal Crop Insurance Program as of May 31 as remuneration for crop losses, Dina Genzola, senior agriculturist of the Office of the Provincial Agriculturist, said yesterday.

Genzola said that when farmers do not have the crop insurance their losses were not compensated but with NFUCIP they can file their claims based on the land areas they register with the program.

She said most of the losses were incurred through natural calamities floods, heavy rainfall, earthquake, and droughts, and pest infestations and plant diseases.

The farmers pay crop insurance premium of P840 per hectare per cropping, but some local government units shoulder P500 of the amount as their counterpart so farmers need to pay only P380, Genzola said.

The LGU’s are Valladolid with P70,000, Talisay City with P200,000, Bago City with P200,000, Manapla with P150,000 and District V with P70,000, as counterpart premiums she added.

The farmer-members are entitled to P10,000 life insurance, forced savings, project benefits and trainings, maximum crop insurance of P17,680 per hectare, Development Bank of the Philippines ATM cards, and a free health care benefit through the Negros Occidental Comprehensive Health Program, Genzola said. *LTG

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