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Bacolod City, PhilippinesTuesday, June 4, 2013
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1,340 farmers get insurance

The Negros Occidental Provincial Government has distributed P5,794,123 in insurance benefits to 1,340 rice farmers in the last two years through the Negros First Universal Crop Insurance Program, Dennis Anthony Peruela, Agriculture Technologist at the office of the Provincial Agriculturist said yesterday.

Peruela said the amount covered 1,572.45 hectares of rice fields damaged by pest infestations and calamities.

NFUCIP, is a tie-up program of the Negros Occidental Provincial Government and the Philippine Crop Insurance Corporation that aims to the agriculture sector in the province and help the farmers, whose produce are affected by pests and natural calamities.

Peruela said that rice farmers who wish to join the program need to pay P340 upon enrollment and an additional P500 after harvest as premium fee.

He said the premium fee, which is paid after a cropping period of at least four months, covers crop insurance of P17,680 for every hectare of rice field depending on the gravity of damage, P10,000 in life insurance, and P5,000 in health care, among others.

The enrollment for the NFUCIP is still ongoing provided. The rice farm of growers must have an area of at lest .25 hectares to seven hectares; it has been irrigated for at least one month after planting; is not part of a dried body of water and accessible by land transport, Peruela said.*APN

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1,340 farmers get insurance