Negros Occidental allocates PHP2-M additional counterpart fund for farmers’ crop insurance

BACOLOD CITY, Nov. 6 (PNA) — The provincial government of Negros Occidental allocated additional funds amounting to PHP2 million as premium counterpart for farmers enrolled in the Negros First Universal Crop Insurance Program (NFUCIP).

 

Governor Alfredo Marañon Jr. spearheaded the turnover of the check to partner agency Philippine Crop Insurance Corp. (PCIC) represented by Vice President Antonio Uy and Regional Manager Charlie Brelleta during the commemoration rites of the 117th Negros Day at the Capitol Lagoon and Park on Thursday.

 

Dina Genzola, senior agriculturist of the Office of the Provincial Agriculturist (OPA), said the additional budget will be sourced from the province’s disaster fund.

 

She added that the amount allocated is on top of the PHP12 million which was already provided by the province since the start of the program in 2011.

 

Genzola said the fund can be used anytime, if needed as the province’s counter part of PHP500 in the premium of PHP840 per enrolling farmer.

 

“The provincial government has been consistent with its development agenda on food security and agricultural productivity,” Genzola said, adding that it makes agriculture the forefront of its core program thus, support programs and services revolve around the realization of these goals.

 

OPA records showed that the PHP12-million fund was allocated to rice farmers, and later included those who plant corn, high-value commercial crops, and sugarcane.

 

Of the said budget, PHP5 million was already used up, and the remaining PHP7 million is still being utilized. Through this fund, the provincial government share has now reached to PHP4.183 million.

 

Records further showed that within the period, 14,614 premiums were already covered for almost 14,306 hectares of farms. Out of the total recipients enrolled, 7,466 farmers have received indemnity claims amounting to PHP32.067 million covering 7,730 hectares of damaged rice crops.

 

Under the NFUCIP, enrolled farmers are automatically covered by the Negros Occidental Comprehensive Health Program (NOCHP) where recipients are covered for life and accident insurance.

 

Genzola said the integrated programs have already benefited 14 families of deceased farmers at PHP60,000 each with an aggregate amount of PHP340,000.

 

In addition, the provincial government also turned over indemnity checks worth PHP924,585 to 226 NFUCIP-recipients farmers from the province’s six districts. PNA